FP Alpha

What FP Alpha is

FP Alpha uses AI and subject matter experts to help financial professionals provide holistic planning advice. Users upload client tax returns, estate plans, and insurance policies to get summaries and guided insights within minutes. Tax tools include Tax Snapshot, Tax Projector, and a Roth Conversion Simulator for comparing strategies and scenarios. Estate Snapshot summarizes estate documents and illustrates how assets are set to pass, while Estate Planning Lab models estate strategies and their tax effects. The Insurance Module reviews personal policies and identifies possible ways to reduce risk and cost, including home, umbrella, and auto coverage gaps. FP Alpha also offers customized, white-labeled client recommendation reports. Its All-In-One Planning Solution costs $1,995 a year and includes 55 Snapshots: 35 Tax, 10 Estate, and 10 Insurance, with unlimited logins. Larger bundles are available; prices for other plans require contacting sales. The web and API service names integrations including eMoney, Envestnet | MoneyGuidePro, Orion, PreciseFP, Redtail, Salesforce, Wealthbox, and Nitrogen, and offers an open API for custom integrations. All packages include two-factor authentication and unlimited one-to-one customer support, onboarding, and implementation support.

Who it suits

FP Alpha is aimed at sole practitioners, advisory teams, enterprise wealth management firms, CPA firms, and estate attorneys. It suits financial professionals who review tax, estate, and insurance documents as part of client planning.

Limits

The All-In-One Planning Solution includes 55 Snapshots: 35 Tax, 10 Estate, and 10 Insurance. Annual credits expire and reload annually; purchased credit packs never expire. Tax document review uses one credit, and one estate household review with multiple documents uses one credit.

Getting started

1. Visit the FP Alpha website.
2. Choose a plan for your practice or contact sales for pricing.
3. Upload client tax returns, estate plans, or insurance policies for review.
4. Use the included onboarding and implementation support.
5. Connect through a named integration partner or the open API if needed.

Verdict

FP Alpha combines document review with tax, estate, and insurance planning tools for financial professionals. Compare the included Snapshot allowances and annual credit rules with the documents your practice expects to review.