Professional Paraplanner recently announced their award winners and we are delighted to say CashCalc won the ‘Best small product or service provider’ award. Winning any award is an incredible privilege, however, it's even more special when voted for by paraplanners themselves.
Instead of being decided by a select panel, the Professional Paraplanner Awards seek to recognise the best in paraplanning talent as well as the platforms and providers that paraplanners rate most highly for the quality of the service and/or products they deliver.
We would therefore like to congratulate everyone who won an award as well as thank everyone who voted for CashCalc. Your support over the years has been incredible and as part of the FE fundinfo family – who also won the ‘Best Research Software’ award – we’ll continue to develop tools and features to help you do your job.
Following our award win, Rob Kingsbury (Editor at Professional Paraplanner) caught up with Chartered Financial Planner and founder of CashCalc, Ray Adams. A preview of the article is provided below, and you can continue to read the full article on page 21 of the latest edition of Professional Paraplanner:
CashCalc: Best Small Product or Service Provider
There is an irony to CashCalc winning the Best Small Product or Service Provider Award this year – given that in May 2021 the firm was acquired by FE fundinfo. The win reflects the origins of the CashCalc system, which was developed by Ray Adams to serve his chartered financial advice firm –Niche IFA, based in Newport, Wales – and then spun out as a standalone company and offered to other advice firms. It has gone from strength to strength over the intervening years – according to a report from NextWealth, it has around 45% of the UK cashflow tool market.
Ray says: “At heart I am a financial adviser who is looking to fix some of the pain points being experienced by my own firm. From that I have been able to develop a technology company which looks to find solutions both for my issues and those of other advice firms.”
CashCalc was launched to the market in 2014 and has been innovating and developing ever since. Hence, CashCalc is not just about cashflow modelling, another benefit is its ability to simplify and speed up the onboarding process for advice firms.
Last updated: 3rd August 2021
By Joseph Williams
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