The June 2025 report highlights tax planning as a growing opportunity in wealth management, with advisors seeking holistic platforms that integrate tax, estate, and insurance planning. Vendors like Bloomberg, FP Alpha, Holistiplan, Covisum, and TaxStatus are differentiating through visualization tools, AI analysis, OCR scanning, and IRS data integration. These solutions enhance client engagement and advisor efficiency while supporting retirement and estate strategies. The shift toward comprehensive financial planning reflects client demand for more personalized, value-added services beyond investment performance.

Join for free to read