AdviceGenie
AdviceGenie: Agentic AI that compresses 23.9 hours of financial advice production into 14 minutes, making quality advice affordable for the 1.5M Australians currently priced out.
AdviceGenie — Agentic AI for Australian Financial Advice
What we do: AdviceGenie automates the end-to-end production of compliant Statements of Advice (SoAs), reducing 23.9 hours of manual work across eight stages to ~14 minutes. The platform handles fact-finding synthesis, strategy modeling, product research, compliance checking, document assembly, and audit-ready file generation — not just drafting.
Business model: B2B SaaS sold to licensees (dealer groups) and mid-size advice firms. Pricing per adviser seat with tiered plans (Core / Professional / Enterprise) reflecting volume and integration depth. No per-document fees — predictable monthly cost replaces variable paraplanner spend.
Customers: Australian Financial Services Licensees (AFSLs) and advice firms with 5–200+ advisers. Initial design partners are three licensees representing ~180 advisers; pipeline includes two of the top-10 non-bank dealer groups. Advisers using the platform serve mass-affluent and emerging-wealth clients ($250k–$1.5M investable) who are currently unprofitable at traditional $4,700+ median fees.
Product: Web application with:
What we do: AdviceGenie automates the end-to-end production of compliant Statements of Advice (SoAs), reducing 23.9 hours of manual work across eight stages to ~14 minutes. The platform handles fact-finding synthesis, strategy modeling, product research, compliance checking, document assembly, and audit-ready file generation — not just drafting.
Business model: B2B SaaS sold to licensees (dealer groups) and mid-size advice firms. Pricing per adviser seat with tiered plans (Core / Professional / Enterprise) reflecting volume and integration depth. No per-document fees — predictable monthly cost replaces variable paraplanner spend.
Customers: Australian Financial Services Licensees (AFSLs) and advice firms with 5–200+ advisers. Initial design partners are three licensees representing ~180 advisers; pipeline includes two of the top-10 non-bank dealer groups. Advisers using the platform serve mass-affluent and emerging-wealth clients ($250k–$1.5M investable) who are currently unprofitable at traditional $4,700+ median fees.
Product: Web application with:
- Agentic workflow engine — orchestrates specialized LLM agents per advice stage (fact find → strategy → products → compliance → SoA)
- Product & strategy knowledge graph — 12,000+ Australian financial products, super funds, insurance policies, and regulatory rules, updated weekly
- Compliance co-pilot — real-time Best Interests Duty, FDS, and RG 175 checks with evidence trails
- Integrations — Xplan, Midwinter, Salesforce, DocuSign, and major super/insurance platforms via API
- Audit vault — tamper-proof record of every agent decision, source, and human review
Team: Founder David Karunaratne — 25+ years in Australian financial services, data & AI. Formerly Head of Data & Analytics at a top-5 industry super fund; built regulatory reporting systems used by 40+ AFSLs; architected real-time pricing engines for general insurance. Built the AdviceGenie platform solo (core engine, knowledge graph, compliance layer) to prove the technical approach before raising.
Credentials & traction:
- The Buy Australian AI Partnership Team (2026)
- Unit economics: $380/month/seat replaces $1,200–$2,500/month paraplanner cost per adviser
Fundraise Details
Fundraise DetailsThis section is only visible to registered investors. Log in or register as an accredited investor to view.
Ready to Ask For Funding for your company?
Post a Funding RequestKey Facts
- Industry
- {{model.industry | ffIndustry}}
- Location
- {{model.city_state}}
- Year Founded
- {{model.year_founded}}
- Monthly Income
- {{model.monthly_income | ffIncome}}
- Website
- {{model.homepage_url}}