Leshnak Wealth uses YCharts to optimize their research and analysis so they can spend more time providing high-quality financial planning.
Leshnak Wealth takes a team approach to financial planning and investment management, emphasizing efficiency to ensure workflows and client meetings run smoothly. With a holistic take on financial planning, Bob Leshnak, founder and “Financial Coach” at Leshnak Wealth, needed a research platform that was flexible, comprehensive, and visually appealing for clients.
“We found our old system cumbersome to use and not very client-friendly. I used it for screening stocks, ETFs and mutual funds that I would download into spreadsheets and then grade. But now YCharts does all that for me,” says Bob. Now with YCharts in his tech stack, he can optimize his research and present to clients all within one platform.
We found our old system cumbersome to use and not very client-friendly. I used it for screening stocks that I would download into spreadsheets and then grade. But now YCharts does all that for me.
After hearing about how YCharts helped other advisors with productivity, Bob decided it was time to see for himself. It was important to Bob that he have the ability to filter for the securities that best fit within their asset allocation model based on their proprietary selection criteria. Ultimately this may enable their clients to be in the best possible position to achieve their goals. The 4,000+ financial metrics, 18,000+ mutual funds, and 3,000+ ETFs on YCharts easily met those needs and more.
With the help of his account manager, Bob transitioned his existing processes to the platform. “YCharts was so good at setting up my Stock and Fund Screens based on the criteria I cared about. They showed me how to modify my screens, and I was able to take that information and run with it,” says Bob.
Bob said he was immediately impressed by the ability to research individual stocks, ETFs, and mutual funds in different capacities. “I look at stocks or ETFs differently than I do mutual funds, so YCharts allows me to set up different screens. I can see how well an investment ranked or didn’t rank,” says Bob.
He also uses YCharts Model Portfolios to further streamline the team’s research workflow. "I like to construct model portfolios, made up of individual sleeves, so I can compare the model as a whole, or just focus on the individual sleeve. Blended benchmarks are so easy to create and use as well. Models should perform the way we’re invested, so custom benchmarks are great in that regard. Plus, you can plug in advisory fees so clients know we’re transparent,” says Bob.
We’re so busy, anything we can do to streamline our research rather than creating spreadsheets gets us more time with our clients. YCharts is always up on my browser.”
Leshnak Wealth has grown exponentially in the past ten years. While a dedication to high-quality service and advice from Bob and his team are undoubtedly the driver of that success, he says YCharts is a part of making it happen, too.
“We’re so busy, anything we can do to streamline our research rather than creating spreadsheets gets us more time with our clients. YCharts is always up on my browser. We utilize just a few core technology platforms; trading and reporting, research, wealth planning, and a CRM, but YCharts is definitely part of our technology stack.”
Bob added that he enjoys sharing his perspective on YCharts as that’s what brought him to the platform. “I just love it. I tend to talk a lot about YCharts because that's how I came across it. It helped our team become more efficient, so I’m sure it can help other advisors too.”
I just love it. I tend to talk a lot about YCharts because that's how I came across it. It helped our team become more efficient, so it can help other advisors too.