Parthean

Parthean is a sophisticated AI-enhanced financial planning platform built to empower financial advisors by streamlining their workflows and enhancing client interactions. It positions itself as an AI co-pilot, designed not to replace advisors, but to augment their capabilities, allowing them to focus on high-value client relationships and strategic advice. The platform tackles the most time-consuming aspects of financial planning, such as document analysis, data entry, and initial research, by leveraging powerful artificial intelligence.

By automating tedious administrative tasks, Parthean helps advisors accelerate the entire client lifecycle, from initial onboarding to ongoing management. It provides a centralized system for gathering client data, extracting crucial information from various financial documents, and constructing detailed financial plans. This automation leads to significant efficiency gains, enabling advisors to serve more clients effectively and provide deeper, more data-driven insights.

How to use Parthean

To get started with Parthean, financial advisors typically follow these steps:

1. Schedule a Demo: The first step is to schedule a personalized demo through the Parthean website to understand the platform's capabilities and see how it can fit into your existing workflow.
2. Client Onboarding: Utilize the customizable form builder to create and send digital onboarding forms, risk tolerance questionnaires, and document upload requests directly to clients.
3. Automated Data Extraction: Clients or advisors upload financial documents such as tax returns, investment statements, insurance policies, and estate plans. Parthean's AI automatically scans these documents, extracts key data points, and populates them into the planning platform, minimizing manual entry.
4. Comprehensive Planning: Use the dedicated planning modules for various financial areas like liquidity, insurance, budgeting, investing, and estate planning to build a holistic financial plan for your clients.
5. Leverage the AI Paraplanner: Ask the AI Paraplanner complex questions, conduct research, and analyze client details. This AI agent acts as a research assistant, providing quick and accurate information to support your recommendations.
6. Enhance Client Experience: Invite clients to the Parthean portal (available on desktop and mobile), where they can view their accounts, track financial goals, check off tasks, and communicate with you securely.

Core Features of Parthean

• AI-Powered Data Extraction: Automatically extracts data from over 15 types of financial documents, including tax returns, investment statements, and insurance policies, drastically reducing manual data entry.
• Comprehensive Planning Modules: Dedicated tools for liquidity, insurance, budgeting, investing, estate planning, and goal setting to create thorough and accurate financial plans.
• Customizable Form Builder: Build and share dynamic forms for client onboarding, risk assessments, and data gathering, using templates or creating your own.
• AI Paraplanner: An intelligent AI assistant that performs research, analyzes client data, and answers complex financial questions to support the advisor's work.
• Integrated Client Experience Portal: A secure mobile and desktop app for clients to access their financial information, track progress, upload documents, and communicate with their advisor.

Use Cases for Parthean

Financial advisors can use Parthean to:

• Accelerate Client Onboarding: Streamline the process of gathering information from new clients, reducing the time from initial contact to active planning.
• Automate Document Review: Quickly analyze complex documents like estate plans or tax returns to identify key details and opportunities without hours of reading.
• Build Data-Driven Financial Plans: Create more accurate and comprehensive financial plans by leveraging automatically extracted data and dedicated planning modules.
• Improve Client Engagement: Offer clients a modern, interactive digital experience where they can be more involved and informed about their financial journey.

Advantages of Parthean

The primary advantages of using Parthean include:

• Massive Time Savings: Eliminates hours of manual document reading and data entry, freeing up advisors to focus on strategic advice and client relationships.
• Increased Efficiency: Streamlines the entire financial planning workflow, allowing advisors to manage a larger client base more effectively.
• Enhanced Accuracy: AI-driven data extraction minimizes the risk of human error associated with manual data entry.
• Superior Client Experience: Provides a modern, transparent, and collaborative platform for clients, strengthening the advisor-client relationship.

Pricing and Plans

Parthean's pricing information is not publicly listed on the website. As is common with enterprise-grade B2B software, interested financial advisors are encouraged to "Schedule a Demo" to receive a personalized quote based on their firm's size and specific needs. This approach allows Parthean to tailor its offering and pricing to each client.