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Financial and tax planning solution provider RightCapital has formed its third partnership in as many months this week. The Connecticut-based company announced that it has entered a strategic partnership with the non-profit, International Association of Registered Financial Consultants (IARFC). This will enable members of the financial services association to access RightCapital’s financial planning solutions at a 10% discount.
“We welcome RightCapital to our growing list of Association benefits. Their services are well grounded by the experience of their founders and a dedicated knowledgeable support team,” IARFC Strategic Alliance Team Member Randy Kriner said.
Designed for both independent advisors and advisor networks like IARFC, RightCapital’s technology gives financial planning professionals the tools they need to help clients plan and prepare for retirement, educational expenses for children, and insurance needs for their families. The company’s solution enables advisors to ensure their clients maximize Social Security benefits and make tax-efficient investment decisions. RightCapital’s offering also provides the kind of budgeting and debt analysis tools that help clients address their daily financial concerns.
The collaboration with the IARFC is only the latest partnership the company has forged in recent months. In October, RightCapital announced a strategic partnership with cloud-based advisory platform Advyzon, and inked an integration deal with SS&C’s Black Diamond Wealth Platform. The previous month, the company announced an integration with advisor technology platform Panoramix.
RightCapital has also made a commitment to the next generation of financial planning professionals. The company has provided its technology for free to students participating in the Personal Financial Planning (PFP) programs that are offered at many universities in the U.S., such as Texas Tech and Kansas State University. More than 20 universities are participating in the initiative, RightCapital reported in late August of this year.
“It’s deeply gratifying to know that we are making a difference,” RightCapital co-founder and CEO Shuang Chen said. “Providing the right educational tools to students pursuing their undergraduate degree in personal financial planning is essential to the future of financial planning.”
RightCapital demonstrated its API and enterprise solution at FinovateSpring earlier this year. Founded in 2015, the company has raised more than $8 million in funding from investors including Camellia Venture Capital.