FP Alpha

Overview

FP Alpha sells advanced planning software to financial advisers, accounting firms and estate attorneys, addressing the three areas where a generalist adviser is least equipped: tax, estate and personal insurance. Its premise is that the expertise gap is really a document reading problem, since the answers already sit inside papers the client has and nobody has time to read. An adviser uploads the documents and machine reading extracts from them, then an expertise layer the company describes as trained by specialist professionals turns the extracted data into observations and recommended next steps. The tax module summarizes a return across sixteen areas including modified adjusted gross income tiers, federal and state position, conversion analysis, charitable deductions, qualified business income treatment and pending legislative changes. The estate module reads wills, trusts, powers of attorney and healthcare directives, gathering hundreds of data points and rendering asset distribution and the significant individuals named as visual flowcharts an adviser can use in a legacy conversation. The insurance module reads home, umbrella and motor declaration pages to surface coverage gaps and over insurance. Commercial terms are published in full and structured as an annual license carrying a bank of credits, one credit per tax document reviewed and one per estate household regardless of document count, with credits reloading annually and shared across every seat in the firm. Founded in New York by Andrew Altfest, president of an established wealth management firm, and Luis Quiroz, previously an artificial intelligence development leader at the Mexican Stock Exchange.

Details

Educational listing only. CrackTheDeck does not endorse this product or promise investment results.

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