Raymond J. Lucia Companies Uses Salesforce.com's AppExchange to Support and Expand Financial Advisory Business

Deployed VerticalResponse for AppExchange to manage seminar registrations

Customized Salesforce SFA and Salesforce Service & Support solutions greatly improve processes; support a nearly quadruple increase in per-advisor revenue

SAN FRANCISCO, Calif. — April 26, 2006 — Salesforce.com [NYSE: CRM], the technology and market leader in on-demand customer relationship management (CRM), today announced that Raymond J. Lucia (RJL) Companies, one of the fastest growing independent financial advisory firms in the country, is using the AppExchange platform to customize its Salesforce SFA and Salesforce Service & Support applications to support and grow its national operations. RJL has also deployed VerticalResponse for AppExchange from the AppExchange directory to manage its seminar registrations, giving the company a single, centralized tool for all marketing, sales, service and support operations. Using the customized and integrated Salesforce solution, RJL has seen a nearly quadruple increase in per-advisor revenue.

RJL is one of the 20,500 companies of all sizes, industries and geographies that comprised the salesforce.com customer base as of January 31, 2006. Revenue and subscribers will be recognized as the service is delivered.

As one of the early adopters of Salesforce, RJL began its successful CRM implementation with two licenses of Salesforce SFA in early 2000. The company grew its business along with its adoption of Salesforce, increasing its number of enterprise licenses and adding Salesforce Service & Support. Using the AppExchange platform, RJL is integrating its financial data aggregation application with Salesforce, enabling financial advisors have a single source for all critical business and customer data.

"We recognized from the beginning that we needed a flexible, configurable solution that would grow with us as we grew our business," said Ray Lucia, Jr., president of Raymond J. Lucia Companies. "Salesforce provided us with an on-demand application that would meet the needs of our company as we serve customers from our regional offices."

RJL used the AppExchange Platform to build applications to suit its unique business needs and optimize marketing, sales, service and support operations, including:

  • Project and Commission Manager — custom application tracks projects and commissions for management reporting
  • Compliance — custom application tracks financial representatives' license information and all compliance-related issues
  • Split Codes — custom application automatically calculates, tracks and manages split commissions
  • Client Accounts — custom application captures client and account making all necessary business and customer data available in a single source
RJL has also deployed VerticalResponse for AppExchange from the AppExchange directory, which enables the company to provide Web registration and automated email response for its seminar registrants. VerticalResponse gives them the ability to control the creative layout, testing, launch, and synchronization of response metrics back to Salesforce at the click of a button.

 

"With the AppExchange, we've been able to customize the Salesforce solution for our unique business needs and even download an application from the directory that automated our seminar registration and lead management activities," added Lucia. "We've found a true partner in Salesforce.com and an unmatched CRM solution to support our growing business."

About Raymond J. Lucia Companies

The Raymond J. Lucia Companies, Inc. (RJL) is a SEC Registered Investment Advisor. RJL provides Wealth Management Services to mass affluent investors in areas of Investment Management, Financial Planning, and Retirement Income Planning. As an independent investment advisory firm, RJL leverages the company's financial experts and industry relationships to develop customized financial solutions for their clients nationwide. RJL's founder and Chief Executive Officer, Raymond J. Lucia, CFP is a nationally recognized authority on Retirement Income Planning, Author, Keynote Speaker, Presenter, Fox News Contributor and Nationally Syndicated Radio Talk Show Host of the "Ray Lucia Show" on Business Talk Radio Network. RJL has representatives in California, Nevada, Washington, Oregon, Arizona, Texas, Minnesota, Louisiana, New York, New Jersey, and Florida.

About Raymond J. Lucia Companies

The Raymond J. Lucia Companies, Inc. (RJL) is a SEC Registered Investment Advisor. RJL provides Wealth Management Services to mass affluent investors in areas of Investment Management, Financial Planning, and Retirement Income Planning. As an independent investment advisory firm, RJL leverages the company's financial experts and industry relationships to develop customized financial solutions for their clients nationwide. RJL's founder and Chief Executive Officer, Raymond J. Lucia, CFP is a nationally recognized authority on Retirement Income Planning, Author, Keynote Speaker, Presenter, Fox News Contributor and Nationally Syndicated Radio Talk Show Host of the "Ray Lucia Show" on Business Talk Radio Network. RJL has representatives in California, Nevada, Washington, Oregon, Arizona, Texas, Minnesota, Louisiana, New York, New Jersey, and Florida.