RightCapital has introduced an artificial intelligence agent called Iris that operates directly within its financial planning platform, a move the company says marks the first such tool built specifically for the planning workflow. The launch comes as competitors such as eMoney and MoneyGuidePro accelerate their own AI initiatives.
Iris performs three primary functions. A "Double Check" feature scans client profiles for missing data or inconsistencies, flagging how these gaps may distort plan outcomes. A "Cash Flow Reviews" tool identifies assumption risks and planning gaps that could affect projections. A third function, "Plan Builder," lets advisors set a probability-of-success target and receive three distinct strategies based on which plan components a client is willing to adjust, such as retirement age or living expenses.
All outputs from Iris rely exclusively on RightCapital's own calculation engine, rather than external data sources or general-purpose language models. The company says this design choice addresses compliance concerns as regulators scrutinize AI use in advisory contexts. Firm-level access controls allow compliance officers to govern which staff members can use the tool.
Iris is available at no additional cost to advisors on RightCapital's Premium and Platinum subscription tiers. The launch follows the earlier release of Smart Import, which the company says reduced manual data entry time by at least 70% among users by reading client documents and translating relevant data into plan inputs.
In the 2026 T3/Inside Information Software Survey, which collected responses from 2,906 advisory firms, eMoney led the planning software category with approximately 35.6% market share among respondents. MoneyGuidePro ranked second at roughly 24%, while RightCapital followed closely with a 21% share, driven by strong adoption among newer advisors and smaller firms. RightCapital also posted one of the higher user satisfaction scores in the category, with an average rating of 8.40 out of 10, ahead of eMoney at 8.14 and MoneyGuidePro at 7.62.
The compliance framing around Iris reflects broader industry concerns. The Securities and Exchange Commission and FINRA have both flagged risks related to AI-generated outputs and supervisory frameworks. FINRA's December regulatory oversight report noted that AI agents "can interact within an environment, plan, make decisions and take action to achieve specific goals without predefined rules or logic programming." The report also highlighted risks, including agents acting autonomously without human validation, exceeding their intended scope, or mishandling sensitive information.
RightCapital's decision to restrict Iris to its own calculation engine addresses one of the more commonly cited concerns: that AI outputs in an advisory context could be difficult to supervise or verify. As FINRA stated, "Firms exploring and developing AI agents may wish to consider whether the autonomous nature of AI agents presents the firm with novel regulatory, supervisory or operational considerations."
The broader fintech landscape is seeing a surge in AI agent adoption. For example, Salesforce recently deployed an agentic AI suite to counter third-party notetaker threats in wealth management, while Zocks debuted an agentic AI tool for advisors to scan books for growth gaps. Meanwhile, Robinhood opened its trading platform to third-party AI agents, raising oversight questions similar to those RightCapital aims to address.
