fp alpha

FP Alpha is an artificial intelligence-driven comprehensive financial planning software platform designed for financial advisors and wealth management professionals. The company is headquartered in New York, New York, and was founded by Andrew Altfest, who also serves as CEO and is president of Altfest Personal Wealth Management, a $1.6 billion registered investment advisor. FP Alpha employs between 11 and 50 staff members and operates as a private, for-profit fintech software company. The platform utilizes AI technology to analyze and extract data from clients' financial documents including tax returns, wills, trusts, powers of attorney, healthcare directives, and insurance policies, transforming what traditionally took hours into processes completed in minutes. The software provides financial advisors with actionable planning recommendations across 16 distinct planning disciplines including estate planning, tax planning, insurance analysis, retirement distribution planning, and Roth conversion optimization. Key product features include the Estate Snapshot tool, which visualizes asset distribution and identifies planning opportunities, the Tax Snapshot that summarizes key tax data and identifies tax-saving strategies, and the Prospect Accelerator for client acquisition through Financial Wellness Scores. In March 2025, FP Alpha launched NextGen Tax Insights, an AI-based tool offering personalized tax recommendations, available both as part of the broader platform and as a standalone product called FP Alpha TAX. The platform integrates with leading wealth management technology providers including Redtail, Salesforce, Wealthbox, Nitrogen, PreciseFP, and Orion. FP Alpha has received industry recognition including the 2022 WealthManagement.com Award for Innovative Technology and the 2022 Think Advisor Luminary Award for FinTech Executive Leadership. The company serves financial advisors in the United States and positions itself as a solution that combines artificial intelligence with human expertise to enable scalable, comprehensive financial planning advice.