The financial planning technology sector witnessed a significant milestone as Current Client secured the 'Best in Show' title at the XY Planning Network's (XYPN) annual XYPN LIVE AdviceTech Competition. This year's event broadened its horizons to include any technology aiding Financial 'Advicers' in enhancing client service, practice efficiency, profitability, or growth. The competition, featuring six finalists, was judged by a panel of industry experts including XYPN Chairman Michael Kitces and Ezra Group CEO Craig Iskowitz, through a blind voting process.
Current Client's win emphasizes the escalating demand for secure and efficient client interaction tools in the financial advisory realm. Meanwhile, Quivr CRM, a Salesforce overlay tailored for comprehensive financial planners, was honored with the 'Advicer's Choice' award by the audience. The competition underscores XYPN's dedication to fostering innovation in financial planning technology, a commitment Michael Kitces reiterated by pointing out the organization's focus on fee-for-service planning and the necessity for new technologies to cater to evolving business models and client needs.
Since its inception, the AdviceTech Competition has emerged as a pivotal platform for unveiling cutting-edge technologies in the financial planning domain, with nearly 150 companies vying for a spot. The event not only showcases emerging solutions but also plays a crucial role in identifying potential industry leaders, as evidenced by the success of past winners like Snappy Kraken and Vestwell.
This year's finalists, including FinMate AI and Trayecto, presented a wide array of technologies aimed at revolutionizing financial planning and practice management. Current Client's triumph comes with a prize package featuring a free exhibition at XYPN LIVE 2025 and promotional opportunities, while Quivr CRM gains from promotional offers and a free webinar. The competition serves as a testament to the dynamic evolution of financial planning technology and its indispensable contribution to the industry's future, offering financial advisors a glimpse into innovative solutions that could redefine their practice and client service delivery.
