Products and Services Launches

Feathery Launches AI Tool For Wealth-Management Proposals

Feathery Inc. introduced an artificial-intelligence-powered proposal-generation tool designed to help wealth management firms produce personalized client proposals at scale. The system combines client data, planning documents, adviser expertise and firm-approved templates in a single workspace, pulling information from platforms such as Salesforce, eMoney, Vanilla, Holistiplan, Addepar and Morningstar.

Feathery’s AI assistant, “Robin,” uses those inputs to draft proposals based on each client’s financial situation, goals and priorities, while preserving the wealth firm’s templates, branding and disclosures. Advisers and other team members can collaborate on drafts and instruct Robin, using natural language, to edit directly in the document.

According to the announcement, the product is intended to reduce the manual preparation and coordination typically required to personalize proposals. It expands Feathery’s existing wealth management automation capabilities, which include adviser onboarding, account opening, adviser transitions and repapering.

Crystal Capital Adds Private Markets Look-Through and Fund Life Cycle Tools

Crystal Capital Partners LLC launched two proprietary tools aimed at giving financial advisers a clearer view of clients’ private market investments. Its “Schedule of Investments” consolidates underlying portfolio-company holdings, while “Fund Lifecycle” indicates where individual private market funds stand in their investment cycles.

Schedule of Investments presents underlying companies on a single screen, normalizes the information across funds, and shows each company’s status and stage, with data refreshed quarterly from manager reporting. According to Crystal, the feature is designed to replace the process of manually piecing together holdings from fund-level statements.

Fund Lifecycle categorizes funds across deployment, harvest and termination phases, using factors including deployment pace, portfolio company maturity and realized-versus-unrealized ratios. The ratios measure cash actually returned to investors against the estimated paper value of unsold portfolio companies.

According to a Crystal statement, the information can help advisers with portfolio construction, liquidity planning and client discussions. Both tools were developed in-house and are immediately available to advisers on Crystal’s platform without additional setup.

CareScout Launches Workplace Long-Term Care Insurance Offering

CareScout, a service provider that helps older adults and families find and fund long-term care, launched its first work benefit long-term care solution, combining insurance coverage with immediate access to care planning, navigation and caregiving support. The company is positioning the benefit as a way for employers to address growing caregiving demands among workers, including employees simultaneously caring for children and aging parents.

The offering presents employers several funding options, including voluntary, employer-paid and employer-contribution models, and is available to organizations with as few as 10 employees. It offers long-term care insurance policies through different underwriting pathways, including modified guaranteed issue, simplified issue and full-underwriting pathways, while employees can apply for coverage for spouses, partners and extended family members as well as themselves. Availability is subject to state approvals.