Dec. 11, 2020
The article quotes a financial planner who uses Holistiplan in her practice: "The cost of starting up and running an RIA is definitely challenging, but it is becoming less challenging over time because of technology innovations, competition between custodians and the industry support from organizations (that) value making financial planning more accessible to more people," she says. That's only improved since she launched her firm. She cites new technology solutions such as Holistiplan, Wealthbox and RightCapital that help RIAs operate. These relatively new tools are more affordable than their predecessors, but offer the same function, Rosen says. "They provide a lot of bang for the buck for a small RIA," she says.
Nov. 25, 2020
Holistiplan is listed by Investor’s Business Daily in a story about Top Tech Tools for Advisors. “Other handy tech tools include Y-Charts, which screens for winning investments, highlights portfolio asset allocation, and produces visually appealing client reports. Another is Holistiplan, which provides a summary of the client's most recent tax return. The report includes suggestions that could lower the tax bill, says Ron Guay, a financial planner at Rivermark Wealth Management. ‘It's very quick and easy to upload the return and produce the report,’ he said.”
Nov. 13, 2020
Riskalyze CEO Aaron Klein provides his opinions and insights on the biggest news to hit advisor technology in the previous month. He mentioned that Carson Group’s partner firms can now access Holistiplan, a tax planning software provider, for no cost. “Ron Carson once again makes a bold move to invest in delivering more value for his firm’s advisors. Congratulations to Holistiplan on getting its innovative OCR-the-tax-return technology on the desks of these advisors, and delivering the power of good tax planning without hours of data entry,” said Klein.
Nov. 11, 2020
Host Robert Powell interviewed Kevin Lozer of Holistiplan, an award-winning tax planning software for advisers built to systematize and automate the process of reviewing a client’s tax return to find potential planning opportunities. Lozer announced that Jeffrey Levine CPA/PFS, CFP®, AIF®, CWS® will join Holistiplan as tax planning strategist. Powell also spoke with Levine, who is the co-host of Retirement Daily's Ask the Hammer as well as the director of advanced planning at Buckingham Wealth Partners.
Nov. 10, 2020
Jeffrey Levine, widely known as Kitces.com’s ‘lead financial planning nerd,’ is joining the tax planning software firm – but says his other roles will remain as is. “Jeff is one of the most respected tax planning authorities in our industry,” said Kevin Lozer, co-founder Holistiplan. Co-founder Roger Pine added that Levine’s experience “aligns perfectly with our mission to help advisors deliver richer financial planning to more clients.”
Nov. 10, 2020
Advisor-focused tax planning software developer Holistiplan added Jeffrey Levine, a well-known tax strategist and financial advisor, to the firm. It’s the latest sign of growth from the company, in what’s shaping up to be a busy year for taxes as advisors navigate the CARES Act and look ahead to a new presidential administration. Levine’s move signals a vote of confidence for the advisor-founded startup, which won top honors at the 2019 XYPN Live fintech competition and saw its technology added to Carson Group’s tech offerings last month.
Nov. 10, 2020
Holistiplan today announced that Jeffrey Levine CPA/PFS, CFP®, AIF®, CWS® will join Holistiplan as Tax Planning Strategist. "We are very excited that Jeff is joining the Holistiplan team," said Kevin Lozer, co-founder Holistiplan. "Jeff is one of the most respected tax planning authorities in our industry. Just as important, Jeff is also an advisor who can articulate technical tax concepts in a digestible way. We can't think of anyone more qualified to help us add more tax functionality to the software, while still executing our vision to make the software intuitive and efficient to use."
Nov. 10, 2020
Jeff Levine, a tax specialist with Kitces.com and Buckingham Wealth Partners, has added a new role to his current list of activities. He’s now a tax planning specialist for Holistiplan, which makes tax planning software for advisors. A constant presence on Twitter via the handle @CPAPlanner, Levine — both a CPA and a certified financial planner — will advise the firm on ways it can further tweak how its software reviews clients’ tax returns for potential financial planning issues and “opportunities,” Holistiplan said Tuesday.
Nov. 10, 2020
In Levine’s new fintech-oriented role, he will be a “tax-planning guru” to help improve the fintech’s product, Holistiplan co-founder Kevin Lozer told Financial Advisor magazine during an interview. “Jeff’s major role will be to help us continue to enhance Holistiplan and add functionality in ways that advisors are still going to enjoy the intuitiveness of it and the efficiency of using the software,” said Lozer. “That’s why when we had the opportunity to add someone like Jeff, we really jumped on it. He knows taxes so well, and tax planning so well, and he’s an advisor as well—so he’s someone who can see our software from all angles.”
Nov. 1, 2020
Kevin Lozer byline article featured in NAPFA Advisor Magazine on Winter tax planning tasks. Kevin leveraged the ideas of hundreds of fellow advisors using Holistiplan to identify last-minute 2020 tax planning tasks and to ensure positive client outcomes during the 2021 tax filing season.
Oct. 28, 2020
Holistiplan today announced a new partnership with Redtail Technology. Through this new integration, financial advisors can send household information to Holistiplan to avoid dual data entry. Information such as household members and birth dates can be imported to Holistiplan. Then, once Holistiplan runs its analysis on a tax return, key figures and the system-generated observations can be dropped back into Redtail as a note.
Oct. 22, 2020
Carson Group is integrating Holistiplan’s comprehensive tax planning software into its tech stack, the companies said in a joint announcement. The Holistiplan subscription costs will be covered in full for all Carson Partners, they noted.
Oct. 20, 2020
Holistiplan announced that Carson Group is integrating Holistiplan’s comprehensive tax planning software into its tech stack. The Holistiplan subscription costs are covered in full for all Carson Partners. Earlier this year, Holistiplan launched with a select group of Carson Wealth private clients to unveil tax planning opportunities. Now, it is available for all advisors in the Carson Partners network.
Oct. 5, 2020
Carson Group says it has raised more funding to make more minority investments in advisory firms that join its partnership program. The capital also will be used to support partner firms’ own acquisition plans. The news comes during the group’s online Partner Summit conference, during which it also said it will give Holistiplan software to partner firms to help them with tax planning.
Oct. 1, 2020
Advisor, Kay Dee Cole, tips her hat to Holistiplan for their tax planning software for financial planners, which she says fills some of the gaps she had in her systems. She noted that Holistiplan helps her determine whether a Roth IRA conversion makes sense for a specific client. It also helps clients understand their tax brackets and other key facts that their CPAs may not have ever explained to them. “Holistiplan looks at my clients’ portfolios and gains, and it finds outside assets that we weren’t aware of,” she says. “It’s been a real game-changer in my client meetings.”
Sept. 24, 2020
Tax planning can be a very labor-intensive process for financial advisors who offer it to their clients. There is just so much data entry required! Roger Pine discovered this firsthand in his career as a financial advisor. That was the inspiration of Holistiplan! Their solution makes it super easy for advisors to import their client's tax information and get to work. As Roger mentions, tax planning is one of the areas where a financial planner can bring the most value to his or her clients. So, making the process more efficient for advisors means they will be able to bring more value to their clients.
Sept. 17, 2020
Emerging Tech Week on the Framework podcast was an eye-opening tour through the world of fintech. We learned what has disrupted the system and what will keep on changing it in the future. Each of the five guests told us about their early misadventures and their usually rapid success when the technology finally catches on. The world of fintech moves very quickly. Kevin Lozer says making the leap from financial planning to fintech is a mix of trusting your gut and then committing for the long haul. His tech solution, Holistiplan, helps advisors process and analyze a tax return in a matter of minutes. This makes the process of tax planning more seamless and cuts down considerably on the data entry that eats up advisors’ time.
Sept. 14, 2020
Holt said, “We have seen companies like Asset-Map, Riskalyze, LifeYield, Mobile Assistant, Everplans, and recently Holistiplan attempt to solve a specific pain point in the advice delivery space. I think that these organizations that tend to focus on their core competence provide a fantastic complement to the all-in-one platforms that are dominating the tech conversation. These companies are the ones that advisors should be really focusing on adding once their core technology stack is in place. As financial advisors acquire the same core technology, it will be the differentiation in value-adds that they provide to their customers that will really transform the consumer value proposition.”
Sept. 9, 2020
Every year Benzinga, a leading news and data platform, holds the Global Fintech Awards, a day of dealmaking, networking, and recognition in the fintech space. Ahead of the November 10, 2020 event, this newsletter highlights disruptive innovators working to create positive and diverse change in financial services. Today's disruptive innovator is Holistiplan, a provider of efficiency tools for financial advising.
Sept. 7, 2020
In Volume 1, 2020 of the Kitches Report, Holistiplan is mentioned on page 24 as an important financial planning software solution in the RIA’s process of creating a comprehensive plan. Holistiplan again is mentioned on page 33 as the leader in specialized tax planning software. “Holistiplan’s quick rise to a lead in market share may be particularly notable, given their relative youth compared to some competitors.”
Aug. 27, 2020
In today’s episode of Framework, Jamie Hopkins talks with Kevin Lozer, co-founder of Holistiplan. Kevin is a financial planner, but he’s also driven to help other financial planners be more comprehensive and efficient in planning for their own clients.
Aug. 14, 2020
Carson Coaching now has an online option for advisors and firms seeking more practice management and other resources to grow their businesses. The program builds on the one-on-one executive business coaching program started by Carson Group founder and CEO Ron Carson in 1993. The firm is often asked by advisors about CRM and other practice management and financial planning tools, according to Carson Coaching Managing Director Jamie Hopkins. As a result, it decided to work with some technology and service providers on the hub, such as Riskalyze, IncomeConductor, FMG Suite, YCharts, AssetMap, Truelytics, Holistiplan and Redtail.
Aug. 12, 2020
Carson Coaching Online is excited to partner with a number of industry leading technology and service providers inside of the new system in order to bring the best solutions in the advisory profession to members, including award-winning tax planning software for advisors, Holistiplan.
Aug. 11, 2020
Holistplan, an award-winning tax planning software for advisors built to systematize and automate the process of reviewing a client’s tax return to find potential planning opportunities, today announced a new partnership with Wealthbox®, a popular CRM that helps financial advisors better manage client relationships.
Aug. 6, 2020
"For its part, tax-planning software developer Holistiplan has made updates based on legislation related to the pandemic. Earlier this month it pushed out an update for CARES Act-related calculations, which it said was in demand from advisors."
July 28, 2020
Kevin Lozer and Roger Pine discuss Holistiplan with Bob Veres of Advisor Perspectives and how they tap into their clients’ knowledge base to help improve their software. According to Veres, Normative standards can be broadly defined as a consensus among givers of advice on what advice or service best suits a particular set of circumstances. Unlike most other professions, those standards don’t exist among financial planners. That may soon change.
June 12, 2020
When Steve Garmhausen of Barron’s asked Ron Carson to name a future wealth tech on the cusp of development that he is excited about, Carson said this about Holistiplan, “We are building into our ecosystem today some tax analysis software; it doesn’t sound exciting until you see that it actually scans clients’ tax returns and comes back in a matter of seconds with very specific things that can be done for their benefit.”
June 9, 2020
Roundup of top stories in Financial Advisor Magazine from publisher Cindy Taylor, mentioning article in which readers learned that Holistiplan has launched a new subscription-based tool - Solve For Max, to look “across an end-client’s taxes to determine where additional income may be taken.”
May 28, 2020
With tax season stretching at least to July 15 this year and new rules and regulations governing retirement account withdrawals and taxation, Holistiplan has rolled out a new planning tool that can help advisors more easily optimize their client’s tax planning. The new tool, Solve For Max, looks across an end-client’s taxes to determine where additional income may be taken. “2020 is going to be a unique income year for a lot of people,” said Roger Pine, co-founder of Holistiplan. “We also see a lot of people looking at the income question when they’re trying to help clients efficiently draw down assets, seeking opportunities to bring income forward through moves like contributions to donor-advised funds.”
April 28, 2020
Financial advisers say the coronavirus pandemic has exposed the need for creating a comprehensive financial plan as opposed to receiving ad hoc advice. While many advisers do not address tax issues, Holistiplan has created software that enables advisers to go over their clients’ tax situations, says Kevin Lozer, co-founder of Holistiplan. “Within seconds, it produces a white-labeled tax report that advisers can review with their clients to have a meaningful conversation about their tax situation,” Lozer says. “In turn, that helps drive some of their investment decisions.”
April 15, 2020
Digital tax return review and planning startup Holistiplan has rolled out a new feature, called “Solve for Max,” that helps advisors find the upper limit on a client’s tax bracket. “Specifically, advisors seek to raise or lower an income number so the client ends up just under the limit of a given tax bracket,” said Roger Pine, co-founder of the tech company. “With ‘Solve For Max’ (now officially out of beta), it’s now easy to find the optimal bracket. And that includes those ‘hidden’ brackets that come from things like medical deduction AGI floors, Net Investment Income Taxes, and Social Security taxation rules.”
April 15, 2020
No matter what happens with the pandemic and the markets, taxes will be due this year, next year, every year. Providing insights on tax strategies could be especially helpful for financial planners and their clients right now. With the advent of Holistiplan, a new kind of tax planning software for advisors, built to systematize and automate the process of reviewing a client's tax return to find the potential planning opportunities, advisors can focus more on advising their clients, not inputting data and crunching numbers the old-fashioned way.
April 13, 2020
Providing insights on tax strategies could be especially helpful for financial planners and their clients right now. No matter what happens with the pandemic and the markets, taxes will be due this year, next year, every year. Reviewing tax returns and providing advice on related planning opportunities can set you apart from the competition. And the good news is that you, as a professional financial advisor, don’t have to become an expert in every little bit of the new and ever-evolving tax code. Nor do you have to maintain a spreadsheet of your own. Now, with the advent of Holistiplan, you can focus more on advising your clients and reassuring them that you are watching out for them, not inputting data and crunching numbers the old-fashioned way.
March 31, 2020
Financial advisor Ben Langel says Holistiplan is creating outstanding value for his firm, as seen in the Executive Roundtable Journal, Q1 2020. “Holistiplan, which was featured in Bob Veres’ March 2020 edition of Inside Information, is sophisticated tax software that is very helpful and saves a significant amount of time. You scan a 1040, it quickly searches the text, and provides a professional one-page summary of where the client is in the tax table, what they qualify for, what they don’t qualify for, and provides additional observations and recommendations.”
March 30, 2020
Michael Kitces covers the latest in financial advisor technology after attending the T3 Technology Tools for Today conference in San Diego, February 2020. Kitces says a new generation of Artificial Intelligence tools are emerging: rules-based Expert Systems, which aren’t fully “artificial intelligence” – in that they don’t actually learn from the data presented, and instead simply apply a complex series of if-then statements and decision rules to navigate the information. He talks about Holistiplan with respect to scanning tax returns to identify planning opportunities.
March 11, 2020
Digital tax return review and planning tool Holistiplan is officially supporting 2019 tax return uploads, it said in an emailed announcement. The firm also announced support for organizing client tax returns by household, as of Feb. 29, a change that will result in a number of expected improvements in the coming months.
Jan. 6, 2020
Financial advisers are constantly pelted with offers to try new “fintech” products. These tools promise to help planners with everything from assessing risk to educating clients to rebalancing portfolios. Some come with hefty price tags or steep learning curves; others are inexpensive and easy to use with plug-and-play accessibility. The challenge is sifting through all the offerings to determine which ones merit serious consideration. The XY Planning Network, a membership organization of fee-only planners who target Gen X and Gen Y clients, has held an annual fintech competition for the past four years. There were six finalists in 2019, including Holistiplan, a startup that beat the other five to win the award.
Nov. 1, 2019
Co-Founders Kevin Lozer and Roger Pine discuss the origins of Holistiplan with Bob Veres of Inside Information. Main takeaways of the article are that Holistiplan not only automatically populates from a client’s tax form PDF; it scans the data for planning opportunities and observations, and then lets you do projections in real time.
Oct. 31, 2019
Digital tax return review and planning tool Holistiplan will be offering new pricing tiers beginning November 11, the firm revealed in an announcement. Alongside revamped pricing, the firm plans to add a number of new features, including support for Alternative Minimum Tax features, over the next month. Founded by Roger Pine and Kevin Lozer, Holistiplan won XY Planning Network’s 2019 fintech competition last month.
Oct. 21, 2019
Last week, we discussed the need to review your clients’ tax returns and introduced the award- winning Holistiplan tax review software that does so much of the work for you. Today we dig into the details of this service, how the software assists you, and how the review can most benefit your clients.
Oct. 10, 2019
Roger Pine is the co-founder of Holistiplan, a new kind of tax planning software for advisors built to systematize and automate the process of reviewing a client’s tax return to find the potential planning opportunities. Pine describes the dynamics of trying to balance providing tax guidance and not unwittingly competing against potential CPA referral sources in a podcast with Michael Kitces.
Oct. 8, 2019
In this episode, we talk in-depth about the Holistiplan software that Roger developed. From leveraging optical character recognition to scan all the relevant information from an entire tax return PDF in just seconds, to converting that information into relevant tax observations about the client’s tax bracket, phased-out deductions or tax credits, and the eligibility for tax preference contributions to retirement accounts, to the forward-looking tax planning tools that Holistiplan is now building to identify the client’s true marginal tax bracket, taking into account all the phase-ins and phase-outs to make better forward-looking tax recommendations.
Sept. 24, 2019
XY Planning Network, the leading turnkey financial planning platform for fee-only financial advisors, is excited to announce that Holistiplan has won the organization's fourth annual Advisor FinTech Competition. Holistiplan, a tax planning software solution, was recognized for its automated review of 2018 tax returns, providing client-ready reports that identify financial planning opportunities.
Sept. 20, 2019
Advisor tech tools are increasingly reflecting the demands of the next generation of clients. At XY Planning Network’s fourth annual FinTech competition, half of the finalists — Holistiplan, College Aid Pro and Knudge — focused on college planning, client accountability and aiding tax returns. Holistiplan won the competition. The technology reads tax returns and provides advisors with a two-page client-ready report that includes helpful metrics and potential planning observations.
Sept. 11, 2019
Digital tax return review and planning tool Holistiplan took first place at XY Planning Network’s fintech competition in St. Louis, as company co-founders Roger Pine and Kevin Lozer presented before a panel of three judges and a standing-room-only crowd of conference attendees. XY Planning Network co-founder Michael Kitces, FPPad’s Bill Winterberg and Snappy Kraken co-founder Robert Sofia were judges.
Aug. 27, 2019
XY Planning Network announced finalists for its upcoming advisor-focused fintech competition scheduled for next month. The six hopefuls are unified by their goal of helping advisors and their clients—and not much more. The mix of firms provide services ranging from specialized financial planning to survey assistance to managing college tuition payments. Designed by two CFPs, Holistiplan aims to use software to turn uploads of client tax returns into a two-page report with “helpful metrics and potential planning observations,” according to a review of the finalists. Advisors can use 2018 tax data to run tax scenarios for future years.
Aug. 27, 2019
XY Planning Network (XYPN) announced today that six finalists have been selected to compete in its 4th annual FinTech Competition on Tuesday, September 10, 2019 during XYPN's annual conference, #XYPNLIVE in St. Louis, Missouri. XYPN's FinTech Competition provides start-up advisor technology firms focused on improving the delivery of financial planning services to Gen X and/or Gen Y clients with a venue to showcase their innovative solutions to the financial advisory industry. This year's competition, which drew nearly 30 company submissions, is sponsored by the 2016 FinTech Competition winner, Snappy Kraken. Holistiplan was listed as one of six finalists.