WealthStream Launches Advice Intelligence Platform to Develop and Retain the Next Generation of Advisors

AI-native platform debuts at T3 to give every advisor expert-level planning capability on demand, regardless of experience level

NEW ORLEANS--(BUSINESS WIRE)--WealthStream, an AI-native advice intelligence platform for wealth management, launched today at T3 to help advisory firms accelerate every advisor’s path to becoming an experienced practitioner. The result is a more consistent, high-quality workforce delivering better advice at every level.

Deep planning judgment takes years to develop, is constrained by human capacity, and often walks out the door when senior advisors retire. WealthStream functions as an always-available digital advisory team, giving every advisor access to senior-level financial planning capabilities, enabling firms to deliver higher-quality advice with greater consistency.

The launch comes amid converging workforce pressures. Cerulli Associates reports approximately 109,000 advisors plan to retire in the next decade, while roughly 72% of new advisors leave the profession within five years. McKinsey projects the U.S. could face a shortage of 100,000 advisors by 2034 at current productivity levels.

WealthStream uses specialist AI agents to analyze client data across planning categories and generate a complete set of considerations and recommendations for advisor review. The platform sits above a firm's existing tech stack as an advice intelligence layer. Rather than requiring advisors to know what to ask when a client situation arises, the system surfaces tailored recommendations based on client personas, flags complexity drivers, and identifies dependencies that even experienced advisors can overlook. Advisors remain in control: they validate outputs, apply judgment, and decide what to implement, all filtered through each firm's unique philosophy and approach.

"The playbook for scaling expertise has always been the same: recruit, train, and hope people choose to stay," said Dan Daum, co-founder and chief executive officer of WealthStream. "That model is broken, and hiring alone won't solve the industry's talent shortage. We put expert-level planning capability at every advisor's fingertips, not as a shortcut, but as a way to build sharper, more capable advisors over time."

“We’re at an inflection point where AI has advanced enough to unlock capabilities that simply weren’t possible even a year ago,” said Jeff Shortis, chief product officer and co-founder of WealthStream. “Deep, personalized advice has never truly scaled. It’s complex, context-dependent, and traditionally reliant on senior talent. Our system helps break through that ceiling.”

WealthStream was built in close collaboration with wealth management firms serving as co-development partners. Among the company’s strategic advisory board are industry veterans like John Vaccaro, former head of MassMutual Financial Advisors and chairman emeritus of MML Investors Services LLC, and Stuart Rubinstein, former president of Fidelity Wealth Technologies. WealthStream is planning a controlled rollout with select advisory firms, with general availability targeted for Q2 2026.

“Most wealth management technology focuses on making advisors faster,” said Stuart Rubinstein, former president of Fidelity Wealth Technologies and WealthStream strategic advisor. “WealthStream helps advisors get better. This technology should be a core solution for anyone in the advice business.”

WealthStream will be exhibiting at the T3 Technology Conference in New Orleans at booth #323 from March 8–12, where the founding team will be available for meetings and demonstrations. To learn more or schedule a meeting, visit www.thewealthstream.com.

About WealthStream

WealthStream is an AI-native advisor intelligence platform that operates as an always-available digital planning team for advisory firms. Founded by experienced fintech executives from Charles River Development (State Street) and C3.ai, the company is headquartered in New York, NY. For more information, visit www.thewealthstream.com.

Founding Team

Dan Daum, chief executive officer, co-founder: Former senior vice president, global head of sales at Charles River Development (State Street), where he led a 60-person global sales organization to record growth and led commercial initiatives on the company’s management committee. Held various sales roles at Interactive Data and Bloomberg LP.

Jeff Shortis, chief product officer, co-founder: Former chief data officer at Pioneer Investments and founder/chief executive officer of Data360 (acquired). Built the Alpha Data Platform and led AI at Charles River Development (State Street).

Abe Elias, chief technology officer, co-founder: Serial technical founder with multiple exits. Former chief innovation officer at C3.ai; founder of Sencha (Sequoia-backed, acquired); chief architect at Mercatus (acquired by State Street).