MyRepChat vs Sherman Research
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
MyRepChat
This app provides compliant text messaging for financial professionals. It ensures conversations are retained, reportable, and archivable, while offering a familiar texting experience for clients without requiring them to install new software.
- Compliant text messaging
- Client and colleague communication
- Conversation retention
- Reporting and archiving
- Client-side familiarity
- No client app installation
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MyRepChat enables financial professionals to text with clients and colleagues while meeting the strict compliance requirements of the financial industry. All conversations are securely captured, retained, and available for reporting or integration with leading third-party archiving providers — giving your firm the oversight it needs without changing how you communicate. Best of all, your clients don’t need to download anything new. They simply text you the way they always have, using the native messaging app on their phone. Compliant messaging, without the friction.
Sherman Research
This app provides financial advisors with real-time market indicators and customizable alerts for active SLS product subscribers. Stay informed with data updated at market close and receive instant notifications for market shifts to make informed investment decisions.
- Real-time market indicators
- Customizable push notifications
- Market close data updates
- User-friendly interface
- Informed decision-making tools
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Designed specifically for financial advisors, the Sherman Research app provides seamless access to market indicators for active subscribers of the SLS product. Stay informed with data updated at market close, and never miss a crucial market shift with real-time push notifications and alerts. Easily customize your alerts to monitor specific indicators and get instant notifications when it’s time to enter or exit the market, based on your chosen signals. With a user-friendly interface, the app ensures that financial advisors have the tools they need to make informed decisions and stay ahead of market trends.
Screenshots
Verdict
The clearest difference is review sentiment: Sherman Research at 100% against MyRepChat's 13%. Sherman Research also leads on rating (4.7 vs 2.5). MyRepChat's advantage is ratings volume (59 vs 3) and update cadence (every 3 weeks vs every 2 months). On price, ads, in-app purchases and monetization model there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Sherman Research holds the better App Store score, 4.7 against 2.5. That said, the two scores are not equally well evidenced: MyRepChat has 59 ratings behind it against 3, so its average is the more settled of the two. Written reviews point the same way: 13% of MyRepChat's written reviews are positive against 100% of Sherman Research's.
MyRepChat ships an update every 3 weeks, Sherman Research every 2 months. The most recent releases landed on October 21, 2026 and October 11, 2026 respectively.
| Parameter | MyRepChat | Sherman Research |
|---|---|---|
| Price | Free | Free |
| Rating | 2.5 (59 ratings) | 4.7 (3 ratings) — better |
| Positive reviews | 13.1% of reviews | 100.0% of reviews — better |
| Number of ratings | 59 — better | 3 |
| Update frequency | Every 3 weeks — better | Every 2 months |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad — better | iPhone |
| Requires iOS | 16.0 — better | 26.2 |
| Further details — not scored | ||
| Size | 47 MB | 105 MB |
| Age rating | 4+ | 4+ |
| Developer | fmg Suite, LLC. | Sherman Portfolios |
Customer experience
MyRepChat
Sherman Research
Bugs and requests
MyRepChat
Reported bugs
14 issues- App crashes frequently
- Notifications not clearing (ghost notifications)
- Messages not sending or not being received
- App freezes or goes blank
- Login issues (white screen, single sign-on loop)
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- Calls dropping or not ringing
- MMS not supported
- Duplicate contacts
- Cannot compose new messages directly
- Inconsistent message updates
- Typing blindly when sentence exceeds screen width
- Badge notifications not updating
- Cannot send pictures or images
- Unread message indicators persist after reading
Requested features
7 requests- Ability to block spam calls easily
- Support for group texts
- Improve contact integration with Outlook
- Allow changing login duration
- Dedicated mobile app with texting focus
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- Dark mode option
- Advanced analytics dashboard
Sherman Research
Not enough reviews yet to summarise bugs or requests.
In-app purchases
MyRepChat
No in-app purchases
Sherman Research
No in-app purchases
