Power your financial planning with business owners

About RISR

RISR is planning software built for advisors who work with business owners, or who want to work with more. By uncovering key insights on a business owner's largest and most significant asset (the business), RISR powers financial planning conversations between advisors and business owners around wealth & retirement, risk management, succession/exit, and taxes.

Everything we do at RISR is designed to deepen relationships between advisors and the business owners they serve.

The Opportunity with Business Owners

  • Main street businesses are at the foundation of the American economy, with private business assets estimated to be worth $13.7 trillion as of 2017.
  • This asset class is undergoing a massive transition, as an estimated $7.9T of private business assets are transitioning from baby boomer retirements over the next decade.
  • Over half of US business owners are over 55 yrs old (US Census, 2020)
  • 65% of small business owners don’t have an advisor (Nationwide, 2023)
  • 66% of owners don’t have a written succession & exit plan (PwC, 2021)
  • 75% of owners don’t have a clear retirement strategy (Forbes, 2023)
  • 54% of owners don’t have a buy-sell arrangement (MassMutual, 2018)
  • 80% of owners are reliant on their business to fund retirement

The Problem Advisors Face

It can be challenging to provide great advice around this asset without understanding what’s truly going on in the business. For years, there have been great tools that enable financial planning advice (GDX360, eMoney, MoneyGuide, RightCapital, etc). The problem is that all of these tools focus on the individual or household and treat the business like any other asset on the balance sheet, though it’s much more complex.

It’s clear that business owners need better advice, and that advisors need better tools to enable them. 

How RISR Helps

With RISR’s seamless process of collecting financial and qualitative data on the business, advisors can deliver a 16-page business insights report that uncovers:

  • Current Business Value
  • “Dream Value” (what it needs to be worth to fund retirement/life goals)
  • Growth opportunities
  • Key risks the business faces

All designed to power the planning and advice you provide for/to your clients.

There is a fee to use this platform. 

Compliance requires that you charge a financial planning fee for a business valuation. 

 

RISR Resources

RISR Sample Business Insights Report
RISR Quick Platform Walkthrough Video

Contact Us

Dan Wilson

Head of Sales

dan@risr.com

www.risr.com

For RIA Only Investment Professionals Only - This platform is not LPL approved.

 

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