Parthean
Parthean is an AI-enabled tool designed to automate various aspects of your financial management. The platform features an array of modules that enable users to...
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What is Parthean?
Parthean is an AI-enhanced financial platform that serves two distinct audiences: financial advisors and individual consumers. For financial advisors, Parthean is a comprehensive financial planning platform that accelerates client onboarding, planning, research, and data extraction. It combines the capabilities of a paraplanner, analyst, and researcher into one AI-powered assistant that eliminates hours of document reading and manual data entry.
For individual users, Parthean automates financial life through AI agents that move money between accounts, automatically save, pay off debt without causing overdrafts, and provide real-time insights into spending, investing, and credit. The platform features a financial assistant that answers personalized money questions, creates custom financial plans for life events like paying off student loans or planning weddings, and explains its answers with citations and visuals.
Key features for advisors include tax-efficient strategy optimization, 1-page investment memos, automatic portfolio analysis, customizable form builders for data gathering, 15+ data extractors for tax returns and investment statements, meeting prep agenda generation, and customizable first draft financial plans created in seconds. The client experience portal lets clients view accounts, upload documents, monitor spending, schedule calls, and chat with their advisor.
The platform is designed for financial advisors who want to minimize repetitive tasks and maximize client-focused work, as well as young professionals and individuals who want to automate savings, debt repayment, and gain personalized financial insights without manual budgeting.
Parthean pricing
Pricing model: Freemium
Parthean offers a 1-month free trial that can be cancelled at any time. After the trial, users must choose a paid plan: $14.99 per month or $119.99 per year. The all-access membership includes AI insights about linked accounts, unlimited financial accounts, and unlimited transfers and automations. There is no permanent free tier available.
Parthean pros
- Eliminates hours of document reading and manual data entry for advisors
- AI paraplanner agents handle extensive research and client analysis
- Creates customizable first draft financial plans in seconds
- 15+ data extractors import tax returns, estate plans, and investment statements automatically
- Generates tax-efficient strategies including loss harvesting and donor-advised funds
- Produces clear 1-page research memos on stocks, bonds, and ETFs
- Automatically analyzes portfolio risk metrics and asset allocation
- Customizable form builder for onboarding forms and risk tolerance questionnaires
- Automatically saves and pays off debt without causing overdrafts
- Real-time spending monitor budgets without needing a traditional budget
- Credit optimization coach builds credit and maximizes points automatically
- Personalized financial plans for life events like weddings, children, or trips
- AI answers include citations, explanations, and supporting visuals
- Daily personalized finance newsletter sent to your phone
- Round-up savings feature ties saving to fitness steps
- Shopping insight finds deals and rewards at stores you shop most
- Bank-level security with SSL and TLS encryption protocols
- Never sells user data to third parties
- Integrates with Plaid for secure account linking and Dwolla for transfers
- Client portal lets clients upload documents, schedule calls, and chat with advisor
Parthean cons
- No free tier - only 1-month free trial then paid subscription required
- $14.99/month pricing may be expensive for budget-conscious users
- Many features still in beta including Worry-Free Finances and Credit Optimized
- Does not make investment decisions or recommend trades for users
- Requires linking bank accounts which some users may find concerning
- Primarily focused on US financial system and accounts
- Annual plan at $119.99 still requires upfront payment for full year
- Can be cancelled anytime but automatic charging after trial may catch users off guard
- Learning curve for advisors to fully utilize all planning modules
- Some advanced features like tax harvesting may not apply to all client situations
Frequently asked questions about Parthean
Is my data safe with Parthean?
Yes. Parthean prioritizes security and confidentiality at every step, using industry-leading encryption methods including advanced SSL and TLS protocols to safeguard personal and financial data. The infrastructure is regularly updated to combat emerging security threats. They operate on a strict no-sharing policy: data is never sold to third parties or used for advertising. All data is processed by algorithms in anonymized form, and personally identifiable information is not processed by AI algorithms.
Is there a free trial available?
Yes, Parthean provides a 1-month free trial that you can cancel at any time. To continue using Parthean after the 1-month trial, you will be charged based on the plan you choose: either $14.99 per month or $119.99 per year for all-access to AI insights, unlimited accounts, and unlimited transfers.
What is Plaid and how does Parthean use it?
Plaid is a technology platform that enables seamless connections between financial applications and users' bank accounts. It provides a secure and reliable way for customers to link their banking information to various financial apps for services like budgeting, investing, or lending. Parthean works with Plaid to allow users to view their financial accounts all within the Parthean app.
What is Dwolla and how does Parthean use it?
Dwolla is a fintech company that provides a platform for businesses to easily manage electronic payments, focusing on ACH transfers. It enables efficient and customizable solutions for direct bank transfers, including mass payouts and recurring payments. Parthean works with Dwolla to provide users with a seamless approach to money movement, automations, and transfers right within the app.
Does Parthean make investment decisions for me?
No, Parthean will never make a decision for you or recommend a trade. The Investment Insight feature builds a closer relationship with your portfolio by providing an analyst in your pocket that keeps you informed with custom research so you always know what is going on in the markets, but all investment decisions remain yours.
How does the credit optimization feature work?
The Credit Optimized feature helps you optimize your credit card utilization to build your credit and get the most points. The credit-building coach helps you stop worrying about whether you're optimizing your points, automatically managing utilization to build credit with zero effort.
What types of documents can Parthean extract data from for advisors?
Parthean offers 15 and counting extractors that can import data from tax returns, estate plans, investment statements, insurance policies, loan statements, and more. This eliminates manual data entry by automatically importing data directly into the Parthean platform.
Can I customize financial forms for my clients as an advisor?
Yes, Parthean has a customizable form builder that lets you use templates or build and share your own forms. You can send onboarding forms, risk tolerance questionnaires, document uploads, and more directly through the Parthean platform. The form builder is dynamic and customizable to your needs.
How does the AI explain its answers?
Parthean AI is not a black box - it explains its answers with citations, explanations, and visuals. You can get a full breakdown on how Parthean AI got to an answer, read directly from the sources through citations, and get supporting visuals with answers. The Dig Deeper feature lets you access more information when you want more than just a quick answer.
What is the Round-up Fitness feature?
Round-up Fitness is a fun saving feature that lets you save as you get your steps in. It ties the action of saving to something you already do (getting steps/fitness activity), which Parthean notes is the best way to build a habit by tying an action to things you already do.