Vanilla, the estate planning software maker, said Thursday that it is introducing V/AI Copilot, an assistant for financial advisors driven by artificial intelligence.
Estate planning involves understanding “nuanced documents,” uncovering and clarifying key details, and working with “complex scenarios,” the firm says. Its V/AI Copilot aims to help advisors with these tasks and save time by:
- Quickly generating one-page summaries of critical provisions, family details and related matters found in client documents.
- Letting advisors ask questions about documents, like “What happens when the first spouse dies?”
- Providing guidance on estate planning concepts, how to engage effectively with clients and the best ways to use Vanilla’s tools and strategies.
“We routinely hear from advisors that they are looking for tools that help them deliver value faster without compromising quality,” Amjad Hussain, the firm's chief technology officer, said in a statement. “V/AI Copilot delivers exactly that — speed, clarity and support in every interaction.”
Vanilla, based in Salt Lake City, was a 2024 Luminaries award winner. It was founded in 2019 by wealth management entrepreneur Steve Lockshin. As of August, Vanilla had raised more than $66 million — including financial support from Insight Partners, Edward Jones Ventures and Venrock, as well as from former NBA star Michael Jordan and F. William McNabb III , the former CEO of Vanguard.
Vanilla's platform serves RIAs and other clients, such as Avantax, Balentine, Mariner Wealth and Vanguard.
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