Founded three years ago, the US business works with RIAs and other types of wealth management models, saying that it is disrupting traditional ways of operating.

US estate planning platform Wealth.com, last week unveiled its Family Office Suite™, a set of technologies for complex estates. It also added a senior figure to its legal team.

The offering is aimed at high net worth and ultra-HNW individuals and families.

“The Family Office Suite not only elevates the client experience but also unlocks greater productivity for advisors – what used to take weeks now takes mere minutes,” Danny Lohrfink (main picture), chief product officer and co-founder of wealth.com, said.

A relatively new player in the space, Wealth.com was founded in 2021 and works with more than 400 wealth management firms, such as RIAs.

The suite gives advisors the ability to make sense of clients’ financial affairs with features such as Heritage Map, Legacy Navigator, EstateFlow and Irrevocable Trust One-Pagers. The offering allows advisors to “demystify and bring to life” estate planning areas such as sub-trust distribution schemes, federal and state estate tax implications, Generation-Skipping Transfer Tax (GST) exempt and non-exempt trust breakdowns, administrative costs and more, Wealth.com said in a statement. 

Advisors can also calculate the impact of taxes and how to achieve the most beneficial tax outcomes for clients. They can make gathering data easier by using the firm’s Vault and Ester™ AI functions, so that they can instantly extract and centrally store key information from estate planning documents. 

The offering also enables advisors to deliver refined reports, Wealth.com said. 

In other developments, Wealth.com has appointed David Haughton (pictured below) as senior corporate counsel. He was team lead of advanced planning at Commonwealth Financial Network. Prior to Commonwealth, he was an attorney in private practice. 

David Haughton

The legal team at Wealth.com is led by Anne Rhodes, chief legal officer.