Morningstar put FP Alpha to the test with a real-world case study.
Financial advisors excel in general financial planning—determining retirement savings, analyzing portfolio allocations, and projecting cash flows. However, comprehensive financial planning also requires expertise in tax planning, estate planning, and insurance analysis. Since most advisors are not tax experts, estate attorneys, or licensed insurance professionals, this creates a challenge.
FP Alpha aims to solve this problem with technology driven by artificial intelligence that offers automated tax, estate, and insurance analysis. Founded by Andrew Altfest, president of Altfest Personal Wealth Management, and Luis Quiroz, former AI development leader at the Mexican Stock Exchange, FP Alpha streamlines financial planning by analyzing client documents and generating actionable insights.
But does FP Alpha live up to its claims? We put it to the test. Read more on Morningstar…
