RightCapital has introduced Iris, an AI planning agent designed to streamline how financial advisors create and manage client financial plans. The launch is meant to offer advisors an intelligent tool that can help interpret client data and provide immediate actionable insights without disrupting their existing workflows.<\/p>\n
According to RightCapital, Iris represents the first AI agent capable of directly analyzing client information within financial planning software and is intended to assist advisors by reviewing profile data, identifying plan inconsistencies and executing retirement simulations in real-time.<\/p>\n
The RightCapital AI agent features three core capabilities that address common advisor pain points. Its Double Check function scans client profiles for missing information or data inconsistencies that could affect plan accuracy. The Cash Flow Reviews feature highlights critical planning considerations, including anomalies, assumption risks and potential gaps that might create future financial concerns. Meanwhile, the Plan Builder tool allows advisors to set probability targets and receive three customized strategies based on adjustable variables like retirement age or living expenses.<\/p>\n