Wealthbox adds Formula Fields, a new custom field type that calculates values from information already stored in the CRM. Advisors can use it to count days until a client's next review, calculate net worth or estimate annual fees.
The field uses data already in the CRM, so advisors would not need to re-enter figures for these calculations. The feature cuts manual work, so advisors spend less time on spreadsheets and more time with clients.
The announcement does not say which plans include Formula Fields, when they roll out or whether they have limits.