Task, activity and project management tools

Discover the top suppliers of task, activity and project management tools used by wealth professionals, and learn how advice firms are using this technology.

What are the most popular task, activity and project management tools?

Task, activity and project management tools are used to manage internal tasks and activities, allowing teams to collaborate on, communicate about and coordinate projects.

A great project management tool can benefit your advice business by improving project planning, allowing for more effective team communication and collaboration, offering greater progress transparency, optimising resource allocation and task delegation, and standardising and centralising project delivery and reporting.

Research from the Netwealth 2021 AdviceTech Report shows that the top 4 suppliers of internal project management tools used by wealth professionals and financial advisers include: an advice firm's CRM (notably Xplan)(67.8 per cent of advice firms), Microsoft Outlook/Planner (24.3 per cent) Microsoft Excel (22.6 per cent), and Trello (11.3 per cent).


Netwealth's 2021 AdviceTech Report

The 2021 Netwealth AdviceTech Report explores six major opportunities and crucial technology trends that advice firms should consider as they evolve their client value proposition and enhance their customer experience.

How are advice firms using this technology?

68.7% of advice firms use digital tools to manage internal tasks, activities or projects in the business. 16.7 per cent will look to implement this AdviceTech in the next 24 months.

For those firms that use this AdviceTech, over a third (34.4 per cent) do so daily and a quarter (25.6 per cent) do so weekly.

More AdviceTech resources

Innovation workshop 

Netwealth has designed this 90-minute workshop to help you and your team prioritise technology solutions against business objectives to develop your business' AdviceTech roadmap.

Download toolkit

The Emerging Affluent Report

This report is a playbook for financial advisers on how to attract, manage and retain The Emerging Affluent.

Download report

2021 AdviceTech summary video from Matt Heine

This 12 minute video explores some of the core themes that are highlighted in Netwealth's 2021 AdviceTech report.

Watch Video