PreciseFP and Holistiplan link up to smooth advisors’ tax-data trifles

PreciseFP and Holistiplan, two prominent players in the planning fintech space, have forged an alliance to help ease the notoriously irksome process of tax data collection for financial advisors.

The partnership announced Thursday connects Holistiplan’s tax planning software with PreciseFP’s client engagement and data-gathering platform developed by Docupace.

"Holistiplan and PreciseFP endeavor to make the process of delivering sound financial planning advice simpler, faster and easier," Richard Thoeny, executive vice president of product strategy for PreciseFP said in a statement.

"This new integration and content engagement, plus the strong partnership between the two companies, will go a long way in delivering that vision to the marketplace," Thoeny declared.

The integration allows clients to upload their tax returns securely within PreciseFP, which can then be exported to Holistiplan for analysis. For many advisor users with a tax planning focus, the expected upshot is a significantly more streamlined workflow.

"Integrating Holistiplan with PreciseFP is a game-changer for financial advisors," said Roger Pine, CEO and co-founder of Holistiplan. "This partnership simplifies the tax planning process by allowing seamless data transfer and efficient tax return analysis."

According to PreciseFP, the tie-up addresses a call from a large number of its users who’ve made Holistiplan one of the most-requested integrations for the platform. It also builds on other FP’s other recent link-ups with FP Alpha, GReminders, and Income Lab.

The partnership also builds upon another recent collaboration between Holistiplan and AssetMap, which extended the tax-focused tech platform’s reach to include AssetMap’s user base of US advisors.

"We're thrilled about the new capabilities this integration offers, helping advisors enhance their practice and build stronger client relationships," Pine said.

Since launching in July 2019, Holistiplan has gained over 30,000 subscribers nationwide. There’s little doubt of the value it offers users, having been voted the top tax planning software in several Kitces Report Studies and T3 / Inside Information Software Surveys from 2021 to 2024.