Sherpas automates financial planning for advisors, saving time and enhancing client relationships

I remember building finance products where 80% of the work was not finance. It was copying numbers, chasing PDFs, and turning messy inputs into something a human could discuss.

Fintech of my choice: Sherpas

Wealth management is full of smart people doing very dumb work. Intake forms. Statements. Scenario models. Draft plans that get rewritten three times before the client even sees them.

Sherpas is a generative finance platform that takes this load off financial advisors. Their AI agents extract data, build financial plans, and generate investment proposals, so the advisor can spend time where it actually matters. The relationship.

They are based in San Francisco and just raised a $3.2 million seed round led by 1248, with AUA Private Equity and GoHub Ventures joining. Steve Lockshin, a well-known advisor in the industry, joined the board, which is the kind of signal I like. It means they are not building a toy, they are building for real workflows.

The CEO is Borja Edo, and the ambition is clear. Sherpas wants to become the operating layer under RIAs and family offices. Not a “nice chatbot”, but a system that sits inside the process: automating intake, running scenario modelling, and drafting recommendations.

What caught my eye is the time claim from early trials: from eight hours to under 20 minutes to produce a client-ready plan. Even if reality is less perfect, the direction is right. Advisors do not need more dashboards. They need a Sherpa that carries the numbers up the mountain while they keep the client calm and confident.

The business model is also the right kind of boring. SaaS with usage-based tiers. As they add integrations with custodians and deepen decision frameworks, the switching costs can become real, because the “operating layer” is hard to rip out once a team depends on it every day.

At FinBox Solutions, every day we highlight one hand picked fintech on the FinBox page. The project with the most votes becomes Fintech of the Week.

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I like this future. Communication stays human, and everything else gets automated, without pretending humans are the problem.

If you run an RIA or a family office, where do you lose the most time today: onboarding, planning, rebalancing, or explaining the plan to the client?

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