Osaic Wealth Expands Financial Planning Capabilities with RISR

RISR, a fintech platform, is deepening its partnership with Osaic Wealth by expanding additional business-owner tools to bolster its services for financial advisors. 

The latest capabilities include business valuation, succession planning, exit strategies, and business risk management, which have been integrated into the existing financial planning model. 

“As demand for sophisticated business owner planning continues to grow, it’s critical that our advisors have access to the tools and resources needed to serve clients with confidence,” said Jerry Schreck, SVP of advisor education and training at Osaic Wealth. 

Both companies initially teamed up last year to introduce AI-powered wealth technology capabilities to their advisors to boost client engagement and expand tools for wealth guidance. 

Advisors within Osaic’s network can access RISR through their existing Osaic affiliation at preferred subscription pricing, RISR stated. 

The lineup expansion comes as RISR continues to partner with other wealth management firms to further integrate AI tools with modern wealth strategies for advisors. 

So far, RISR has partnered with OnePoint BFG Wealth Partners, Allworth Financial, and Modern Wealth Management to bolster its business-owner capabilities, as more registered investment advisors are turning to AI to provide more tailored financial advice for their clients. 

In November, Osaic Wealth launched PlanningHub, a platform that expands the firm’s suite of financial planning resources to help advisors navigate the planning process. 

The firm’s debut of PlanningHub comes as the firm has also partnered with AI-powered estate planning platforms, Wealth.com and Vanilla.