Fintech provider wealth.com has unveiled a new estate management tech suite exclusively designed to help firms and advisors with wealthy and ultra-affluent clients’ estate planning.
The wealth tech firm’s newly unveiled Family Office Suite is a comprehensive collection of estate management technologies designed to cater to the needs of high-net-worth and ultra-high-net-worth individuals and families.
“As we advance our product roadmap, particularly for advisors serving high-net-worth and ultra-high-net-worth clients, we are committed to transforming all aspects of the estate planning service model to be a more efficient and effective process,” Danny Lohrfink, chief product officer and co-founder of wealth.com, said in a statement Friday.
The Family Office Suite provides several key features for advisors, including tools to visualize complex estate planning scenarios with the Heritage Map, Legacy Navigator, EstateFlow, and Irrevocable Trust One-Pagers. These tools help clarify estate planning details such as sub-trust distribution schemes and tax implications.
In addition to visualizing estate planning complexities like sub-trust distribution schemes and state estate tax implications, the platform offers capabilities to quantify tax benefits through estate tax calculators and scenario analysis tools, helping advisors identify and optimize tax opportunities.
Advisors can also leverage Wealth.com’s Vault and Ester AI capabilities to streamline data collection and centralize estate planning information. Advisors, specialists, and intermediaries can also collaborate more effectively through in-app tools and direct API integrations with leading CRM and portfolio management systems.
The suite also includes a Report Builder module that lets advisors quickly generate reports from client data, complete with firm branding, custom colors, fonts, and logos.
“The Family Office Suite not only elevates the client experience but also unlocks greater productivity for advisors—what used to take weeks now takes mere minutes,” Lohrfink said.
In addition to the product launch, wealth.com has strengthened its legal team with the appointment of David Haughton as senior corporate counsel.
Previously team lead of advanced planning at Commonwealth Financial Network, Houghton will draw on his experience in estate, trust, charitable, education, business, and social security planning support to help the broader wealth.com team develop sophisticated yet intuitive solutions.
“Over the course of my career, it’s become clear to me that advisors can add significant value for their clients throughout the estate planning process,” Haughton said. “I’m thrilled to join a team at the forefront of innovation in estate planning, dedicated to enhancing advisor capabilities and client outcomes via technology.”
Late last month, wealth.com struck a partnership with Facet, a fintech firm that offers fee-only financial advice, integrating its estate planning capabilities into Facet’s platform that includes more than 23,000 members.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
A new PitchBook analysis unpacks sticking points relating to liquidity, costs, and litigation risk for would-be investors and plan sponsors.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
The collaboration will give RIAs yet another access point into the alternatives space through a new unified managed account capability.
A drop in interest rates and easier access to capital has reignited appetite among private equity-backed consolidators, who accounted for 53% of RIA deals so far this year- their highest share since 2021 according to DeVoe & Company.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
