New Fintech Platform Targets Tax Inefficiency in Retirement Planning

Finance Advisors is introducing a consumer-facing platform to address a critical gap in the trillion-dollar retirement industry: tax-blind planning. While traditional retirement strategies emphasize asset accumulation and market performance, the new tool focuses on the efficiency of converting those savings into spendable income. Founded by former wealth-management executive Jake Romine, the platform seeks to pivot away from commission-based, product-driven models. Instead, it matches users with fiduciary advisors who are legally obligated to act in the client's best interest, specifically targeting those who can implement sophisticated tax-management techniques. The platform's typical user holds approximately $1.4 million in investable assets. At this level, the company argues that tax-aware strategies—such as optimized withdrawal sequencing, Roth conversions, and tax-loss harvesting—can significantly impact long-term wealth preservation. To support its thesis, the company points to institutional research. Data from MIT suggests that tax-loss harvesting can generate approximately 1.10% in annual tax alpha, while Vanguard research indicates benefits ranging from 0.47% to 1.27% per year depending on the investor's profile. By leveraging direct indexing and fractionalized trading technology, these high-net-worth strategies are becoming more accessible to a broader range of investors. The shift toward after-tax optimization represents a move toward more holistic wealth management for the mass-affluent segment.