June 2, 2023


Moving Forward

WealthStack: Using Tech in Underserved Areas of Financial Planning

Traders are wanting for more elaborate assistance, so how is engineering supporting bridge the hole in regions of monetary preparing that are now underserved, like estate and tax organizing? 

In this episode, Shannon Rosic, director of WealthStack Content and Solutions, speaks with Andrew Altfest, CEO and founder of FP Alpha, to understand how his business is empowering advisors to discover much more actionable chances.

Shannon and Andrew talk about:


  • Why there’s a disconnect in what buyers want and what some advisors supply
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  • Why trader requires have develop into so elaborate
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  • How AI is remaining used properly now in the money scheduling system
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  • How money advisors can use information engagement instruments to quantify and communicate the worth they are building for clients
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Connect with Shannon Rosic:

Link with Visitor:

About Our Guest:

Andrew Altfest, CFP, MBA is the founder and CEO of FP Alpha, the to start with AI-driven extensive economical planning alternative that permits advisors to provide actionable and personalised suggestions to customers throughout about 15 money organizing disciplines, and is complementary to their existing retirement setting up software program, commencing wherever it stops.

The software package allows monetary advisors to conserve time in the arranging process by way of document automation, showcase their value further than investments, and create a personalized deliverable for their entire consumer base.

Founded in February of 2020, FP Alpha is frequently cited by industry specialists and advisors as a person of the most revolutionary wealth tech remedies for advisors. Andrew is also the President and Principal Advisor at Altfest Private Wealth Management, a $1.5B RIA based mostly in New York City. There he advises customers about their individual finances and drives financial preparing techniques throughout the business. He is also an lively member of Altfest’s Investment decision Committee and the Portfolio Motion Team, which sets investment decision system for shopper portfolios.

As a leader of Altfest Own Prosperity Management, Andrew has spearheaded a number of initiatives to increase the company. These have included arranging distinct exercise groups centered on client segments, launching personal equity answers and directing the firm’s Young Experts group aimed at millennials. He also has encouraged more formalizing financial investment processes and led the introduction of a new technologies system mandate with electronic arranging, to improve decision-creating, client practical experience and efficiency. Additionally, Andrew prospects the firm’s endeavours in the tax management of investment decision portfolios, and advises shoppers on charitable contributions.


THE Upcoming OF Prosperity Administration IS Electronic, and reducing-edge technologies is powering a new technology of advancement-minded advisors. Locate out much more at WealthStack.