Focus adds Nevis as advisor AI tools face potential overlap

Focus Financial Partners will use its new enterprise AI platform Nevis to automate account opening and client onboarding, the RIA giant’s chief operating officer Justin Ferri told InvestmentNews, coming less than a year into Focus’s other AI partnership with Jump. 

The new deal names Nevis the enterprise AI platform for Focus Partners Wealth and Focus’ other business units. Focus has more than $570 billion in collective client assets across 330 locations and 6,300 team members, including about $182 billion in client assets under its Focus Partners Wealth RIA unit. 

“The first work will center on account opening, client onboarding, and similar repetitive manual tasks. Over time the platform will absorb even more of the administrative burden that pulls time away from clients, so advisory teams can spend more of their day on advanced planning and relationship building,” Ferri said of Nevis. 

Nevis jumps into Focus network 

Nevis arrives nine months after Focus began rolling out Jump’s AI assistant to 800 advisors across SCS Financial and the Focus Partners Wealth network. That January 2026 rollout followed an eight-week, 40-advisor pilot in which participants reported cutting time spent on meeting prep, notes and follow-ups by 70%, according to an internal Focus survey. 

Jump, which advertises itself as “the AI notetaker for advisors,” now sees its Focus integration met by a Nevis tool whose CEO also describes providing notetaking for advisors.  

“Advisors use Nevis to prepare for meetings, build client presentations and financial plans, take meeting notes, draft personalized emails and uncover new growth opportunities,” Nevis co-founder and CEO Mark Swan wrote in a LinkedIn post announcing his company’s partnership with Focus. Ferri did not say how many advisors will have access to Nevis. 

As Focus rolls out Nevis for account opening, its other AI partner Jump also has begun testing an account opening feature to onboard clients from Schwab and Fidelity. 

“This partnership brings AI to every wealth advisor at Focus, one of the largest independent wealth management firms in the US,” added Swan. “Every Focus advisor will work from Nevis as a single AI operating system, with agents that complete work end-to-end.” 

Focus Partners Wealth custodies client assets with Schwab and Fidelity, according to its Form ADV filings. In September, Schwab became the first RIA custodian to integrate Claude for Financial Advisors, which is Anthropic’s tool for meeting prep, financial planning, and client follow-ups that is available for the more than 16,000 RIAs that custody with Schwab. 

AI tools multiply  

Asked how Nevis fits alongside Jump and Claude, Ferri said Focus will assess how its AI tools work together as the Nevis rollout develops. 

“Our approach is to give our people a set of approved tools, each reviewed against our security and compliance standards. There is no change to the tools our teams use today,” said Ferri. “As our work with Nevis develops, we will look at how all enabling capabilities fit together so the experience stays simple and connected for advisors, and we will share any change with our teams well ahead of time.” 

Nevis was founded by former Revolut executives and launched in late 2024. The startup says assets on its platform grew from $50 billion to $700 billion in 2026. Funding for Nevis includes $40 million raised from Sequoia Capital, ICONIQ and Ribbit Capital. 

Aside from Focus, the client base for Nevis includes wealth management firms IEQ Capital, United Capital and AlTi Global.  

“Much of the early work is connecting Nevis to the systems our advisors use every day, including our custodians, CRM, portfolio management and planning platforms, so information is captured once and flows through the work,” Ferri said.