RightCapital Iris: AI Agent Revolutionizes Financial Planning

RightCapital has launched Iris, an AI planning agent designed to streamline financial planning for advisors. This new agent interprets client data, provides immediate actionable insights, and identifies plan inconsistencies automatically. Iris is the first AI agent capable of directly analyzing client information within financial planning software. It can review profile data, spot inconsistencies, and execute retirement simulations in real-time. The tool has three core capabilities: a Double Check function for missing information, Cash Flow Reviews to highlight critical planning considerations, and a Plan Builder for customized strategies. What's interesting is that all outputs from Iris come from RightCapital's own calculation engine, ensuring insights are verified within the platform. Firms also control team access. This launch follows RightCapital's Smart Import feature, which reduced manual data entry by at least 70%. Iris is immediately available to all financial planners and assistants with RightCapital's Premium and Platinum subscriptions at no extra cost. This means advisors can now leverage advanced AI to enhance their client services.