Case Study

Driving HNW Client Outcomes with Real-Time Solutions

First Foundation Advisors has been a trusted financial partner to over 1,700 clients for the past 30 years, managing over $5.4 billion across their 60 employees.

In addition to tax planning services and unique private investment opportunities, First Foundation offers a client centric approach that emphasizes in-depth discussions and informed financial decisions.

Over the last few years, their team has been focused on expanding their technology stack both to provide more services for clients and to allow advisors to spend more time on client relationships and less time on administrative work.

By integrating Powder’s AI-driven platform, the firm has transformed its operations with real-time analysis, faster turnarounds, and more comprehensive recommendations.

Driving HNW Client Outcomes with Real-Time Solutions

First Foundation Advisors has been a trusted financial partner to over 1,700 clients for the past 30 years, managing over $5.4 billion across their 60 employees.

By integrating Powder’s AI-driven platform, the firm has transformed its operations with real-time analysis, faster turnarounds, and more comprehensive recommendations.

Case Study

Driving HNW Client Outcomes with Real-Time Solutions

First Foundation Advisors has been a trusted financial partner to over 1,700 clients for the past 30 years, managing over $5.4 billion across their 60 employees.

By integrating Powder’s AI-driven platform, the firm has transformed its operations with real-time analysis, faster turnarounds, and more comprehensive recommendations.

Before Powder

Data Gaps and Time Consuming Workflows

Manual Financial Analysis

Advisors spent multiple hours manually parsing through each prospective client’s documents, delaying next steps and preventing deeper, more meaningful discussions.

Fragmented Information

Advisors could only provide limited portfolio insights that focused on high level topics without more detailed elements like transition analysis, fees, and investment recommendations.

Ongoing Back-and-Forth

Client conversations often involved multiple follow-ups due to time consuming data gathering and manual scenario analysis after each meeting.

After Powder

Real-Time Analysis and Comprehensive Insights

Instant Portfolio Visualizations

With Powder, advisors are able to immediately analyze financial statements during the meeting they are received, significantly reducing the time spent on manual data processing.

Holistic Financial Strategies

Advisors can now provide detailed recommendations that factor in investment expenses, cash flows, and taxes, leading to more transparent and outcome oriented discussions.

Efficient and Effective Meetings

Advisors can engage in complex scenario planning side-by-side with their clients, making immediate adjustments to recommendations and creating a faster feedback loop.

Key Benefits

Enhanced Client Experience

With Powder, First Foundation can provide quick feedback during client meetings, allowing for richer discussions and timely decisions. This prompt interaction creates a more engaging and satisfying experience for clients compared to the delayed responses usually offered by other firms.

Operational Effectiveness

Integrating Powder into their process allows First Foundation to manage their growing client base more efficiently. By automating data analysis, advisors now have more time to build stronger relationships and focus on delivering personalized service.

Strategic Insights

Powder enables First Foundation to present a more comprehensive view of a client's financial situation. Advisors can now easily integrate details like asset allocation and tax impacts into their financial strategies, increasing client understanding and confidence in their financial plans.

"Powder has not only allowed us to be more efficient in reviewing and presenting portfolio recommendations to prospects and clients, but as they have added new ways to pull information from different document types, we have been able to enhance other areas of the client experience as well."

Zane Keller, CFP

Director of Strategic Initiatives