Orion
Wealth Management
active
Orion is the “premier provider of transformative wealthtech solutions” for financial advisors and the firms that support them. In essence, Orion delivers an all-in-one software platform that boosts advisor productivity, strengthens client relationships, and streamlines the entire wealth management process.
Community Ratings
Active Users
Former Users
Overall Rating
4.1
(2 ratings)Active: 2Former: 0
Features
2.7
(3 ratings)Active: 3Former: 0
Reliability
4.8
(2 ratings)Active: 2Former: 0
Performance
2.7
(3 ratings)Active: 3Former: 0
Security
2.5
(3 ratings)Active: 3Former: 0
Value for Money
2.8
(3 ratings)Active: 3Former: 0
Customer Service
3.0
(3 ratings)Active: 3Former: 0
Ease of Use
2.7
(3 ratings)Active: 3Former: 0
Integrations
2.5
(3 ratings)Active: 3Former: 0
Total Active Reviews: 3Total Former Reviews: 0
About Orion
Orion Advisor Solutions is a leading technology provider for independent financial advisors, offering an end-to-end suite of wealth management solutions that help advisors grow their businesses, serve clients, and gain a competitive edge. The Orion platform enables advisors to Prospect, Plan, Invest, and Achieve within a single connected experience. By unifying portfolio accounting, investment management, financial planning, CRM, trading, and compliance tools, Orion transforms the advisor-client relationship through a tech-enabled fiduciary process. It empowers firms to attract new clients seamlessly, connect client goals to investment strategies, and track progress toward each investor’s definition of financial success. Orion’s comprehensive platform supports millions of accounts and trillions in assets under administration, underscoring its scale in the wealth management industry.
Pricing
This vendor doesn't list public pricing information.
Contact for PricingOrion Risk Intelligence$275/monthly
Orion Advantage Stack$0/monthly
Enterprise TAMP & OCIO services$0/monthly
Categories
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Industry Focus
Finance
Key Features
Portfolio Accounting & Reporting: Robust portfolio management system that consolidates client accounts in one place for performance reporting, billing, and rebalancing G2.COM . Advisors can automate billing cycles and generate in-depth performance reports
Financial Planning: Integrated financial planning software that lets advisors create and track goal-based plans
Client Portal: A modern client web portal and mobile app where clients can view their portfolios, performance, financial plans, and documents. This enhances client engagement with on-demand access to account data and interactive planning tools.
CRM (Client Relationship Management): Orion now includes Redtail CRM (a popular advisor CRM which Orion acquired) fully integrated. This helps advisors manage contacts, track client interactions, and automate workflows directly within Orion.
Risk Intelligence & Analytics: Advanced risk analytics module (formerly HiddenLevers) that provides stress testing, scenario analysis, and risk profiling.
Compliance Tools: Compliance module (from Orion’s acquisition of BasisCode) to help firms stay exam-ready. It includes auditing, trade surveillance, personal trading monitoring, and document tracking to meet regulatory requirements.
Business Intelligence & Reporting: Orion offers extensive business intelligence dashboards and custom report builders. Advisors can slice data on revenue, client demographics, portfolio metrics, and more to gain insights into their practice.
Model Marketplace: Access to a marketplace of third-party investment models and strategists. Advisors can subscribe to professional strategies (from Orion’s partners) or outsource portfolio management via the TAMP, providing flexibility in how they manage client assets.
Investor Experience Tools: Features like proposal generation, digital account opening, client surveys, and a client onboarding portal are included to help advisors deliver a seamless client experience from prospect to ongoing service.
Mobile App: Orion offers a mobile experience for both advisors and end-clients, allowing on-the-go access to key information. Advisors can review client portfolios or metrics via Orion’s mobile app, and clients can check their accounts through a white-labeled mobile portal.
Pros
All-in-One Platform: Orion provides an integrated suite of tools (portfolio management, CRM, planning, trading, etc.) in one platform, reducing the need for multiple software systems ORION.COM . Users appreciate having “clients’ accounts together in one place,” which makes managing, billing, and reporting more efficient
Extensive Integrations: It integrates with many leading industry systems (custodians, other CRMs, financial planning tools), allowing advisors to tailor their tech stack.
Highly Customizable Reporting: Advisors can generate custom performance reports and client statements.
Scalability: Orion is built to handle firms of various sizes – from independent RIAs to large enterprise offices. It can support millions of accounts and trillions in AUA, so it’s capable of growing with an advisory firm and handling complex operations
Strong Support for Growth: The platform is not just about back-office; it also helps advisors grow their business. Tools like proposal generators, client prospecting integrations, and a model marketplace enable advisors to win new clients and expand services for existing ones. Orion’s focus on the “advisor-client journey”
Cons
Steep Learning Curve: Orion’s very breadth means there’s a lot to learn. Some users mention it can be clunky to implement initially and requires significant training to master all modules
User Interface and Navigation: A number of advisors feel the interface is not as modern or intuitive as some competitors. For example, users comparing Orion to Envestnet | Tamarac noted Orion’s UI “feels like it’s from a decade ago,” with certain workflows being less user-friendly.
Occasional Data/Reporting Issues: There have been reports of data inaccuracies or bugs – e.g., transactions mis-labeled or performance numbers not reconciling perfectly.
Customer Support Variability: Experiences with Orion’s support have been mixed. Some users have complained of slow or unresponsive support for complex issues, stating it sometimes takes multiple calls to resolve problems.
Cost: Orion is generally considered a premium solution. For smaller firms, the pricing (often running tens of thousands of dollars annually) can be a drawback. There’s no low-cost tier or free version, so the investment is significant.