At a glance
Investipal is usually the better fit when the problem is winning and onboarding clients: turning a prospect held-away statements into a risk-aligned proposal, an investment policy statement, and a signed, funded account. Orion remains the stronger fit when the problem is running the book you already have, including portfolio accounting, performance reporting, trading and rebalancing at scale, CRM, and firmwide compliance. A common setup among firms that evaluate both is keeping Orion as the system of record and putting Investipal at the front of the workflow. Investipal modules also run standalone, so a firm can start with statement intake or proposals alone.
Book a demo ↗Frequently asked questions
What is the best Orion alternative for an RIA?
It depends on which half of the problem you are solving. If you need portfolio accounting, firmwide performance reporting, and trading at scale, the honest answer is that few products replace Orion outright and you should evaluate direct system-of-record competitors. If the pain is the prospect and onboarding stage, statements arriving as PDFs, proposals built by hand, IPS documents written from scratch, and paperwork chased by email, Investipal is built specifically for that stretch of the workflow and works alongside whatever runs your book.
Can Investipal replace Orion completely?
Not in every case, and we will say so early. Investipal does not provide portfolio accounting as a book of record, trade execution across the whole book, custom indexing, or a TAMP. What it does replace for many firms is the collection of point tools bolted around those systems: the risk questionnaire, the proposal builder, the document generator, the e-signature vendor, and the onboarding forms.
Does Investipal replace Redtail CRM?
No. Investipal integrates with Redtail, and also with Wealthbox and Salesforce, so client records stay in the CRM your firm already uses. Investipal keeps its own client workspace for portfolios, proposals, documents, and billing, and pulls meeting context in from notetaker integrations.
Can we run Investipal and Orion at the same time?
Yes, and that is a common setup among firms that evaluate both. Orion stays the system of record while Investipal handles held-away statement intake, risk profiling, proposals, IPS, e-signature, and digital onboarding. Held-away and prospect accounts come in through Plaid or a scanned statement, and custodial feeds from Schwab and Altruist can be linked directly.
What does Investipal do that Orion does not publicly offer?
The clearest gaps in Orion public materials are AI statement intake with per-cell source citations, generated investment policy statements, built-in e-signature with document acceptance that can trigger billing, an interactive white-label proposal microsite on your own domain, embeddable lead-generation widgets, and an AI assistant that executes proposal steps rather than only summarizing them.
What does Orion do that Investipal does not?
Portfolio accounting and book-of-record reporting, tax-intelligent trading and rebalancing across an entire book, custom indexing, TAMP and OCIO services, cash and credit solutions, and Redtail CRM. Orion states that it administers $6.6 trillion in advisor-managed assets, which is a scale of custodial and accounting infrastructure Investipal does not offer.
How disruptive is adding Investipal for a firm on Orion?
Less than a platform migration, because nothing has to be turned off. Firms typically start with new prospects only, keep every existing account where it is, and use guided in-app walkthroughs for the first proposal and the first onboarding. Org-level workflow settings let you hide the tools you are not adopting so advisors see a shorter path, not a longer one.
