Planning and Analysis
AI’s planning value comes from turning messy client information into organized facts, insights, drafts, and reviewable scenarios.
Document intelligence
Advisors increasingly use AI to read and summarize documents that used to require slow manual review.
AGI, marginal bracket, carryforwards, deductions, credits, capital gains, loss carryovers, Roth windows, charitable opportunities.
Estate documentsFiduciaries, beneficiaries, trust terms, powers of attorney, health directives, outdated provisions, account-title mismatches.
Insurance policiesPremiums, death benefits, riders, exclusions, cash value, surrender periods, LTC/disability features, underinsurance gaps.
Statements and benefitsAccount balances, cost basis, fees, allocation, employer benefits, stock comp, retirement plan terms, HSA/FSA options.
Examples include FP Alpha, Holistiplan, RightCapital Smart Import, estate platforms such as Vanilla/Wealth.com, and firm-approved enterprise document AI.
Tool categories by planning task
- Tax extraction/scenario support: Holistiplan, FP Alpha, RightCapital tax tools.
- Estate document review: FP Alpha, Vanilla, Wealth.com, Trust & Will advisor tools, attorney-collaboration platforms.
- Insurance review: FP Alpha, policy-document AI, insurance planning modules inside broader planning tools.
- Core plan modeling: eMoney, RightCapital, MoneyGuide, NaviPlan, Advyzon Planning, Income Lab.
- Client data gathering: PreciseFP and meeting-AI integrations that push facts into planning systems.
Plan preparation
- Convert intake and meeting data into draft plan inputs.
- Generate “facts and assumptions” sections for advisor review.
- Draft plan narratives and client-friendly explanations.
- Create checklists: missing data, missing documents, unresolved assumptions, implementation tasks.
- Summarize “what changed since last review.”
Scenario modeling support
AI is useful around scenario framing and explanation, while the calculations should remain in validated planning/tax software.
| Scenario | AI contribution | Human/planning-software role |
|---|---|---|
| Roth conversions | Generate options, explain tradeoffs, summarize tax-return inputs. | Validate tax projections and coordinate with CPA. |
| Retirement timing | Draft comparison narratives and client questions. | Model cash flow, Social Security, Medicare, longevity, sequence risk. |
| College vs. retirement | Frame priorities and explain opportunity cost. | Recommend funding levels and account strategy. |
| Business sale / equity comp | Organize documents, identify tax and concentration issues. | Coordinate CPA, attorney, investment, estate, and risk decisions. |
Tax planning support
Tax planning is a strong AI use case because it combines document extraction, rules, and scenario comparison. Advisors use AI-enabled tools to identify Roth conversion windows, charitable strategies, RMD impacts, tax-efficient withdrawal sequences, capital gains/loss opportunities, and CPA discussion points.
Estate planning support
AI helps advisors participate more effectively without practicing law: summarize documents, map estate flows, identify outdated beneficiaries, flag missing powers of attorney, and prepare attorney collaboration notes.
Insurance planning support
AI can summarize policy terms and compare coverage against planning assumptions. Advisors still need to verify contract details and avoid treating summaries as authoritative legal interpretations.