Focus provides Nevis as advisor AI instruments face potential overlap

Focus Financial Partners will use its new enterprise AI platform Nevis to automate account opening and consumer onboarding, the RIA big’s chief working officer Justin Ferri instructed InvestmentNews, coming lower than a 12 months into Focus’s different AI partnership with Jump. 

The new deal names Nevis the enterprise AI platform for Focus Partners Wealth and Focus’ different trade models. Focus has greater than $570 billion in collective consumer property throughout 330 areas and 6,300 group members, together with about $182 billion in consumer property beneath its Focus Partners Wealth RIA unit. 

“The first work will heart on account opening, consumer onboarding, and related repetitive guide duties. Over time the platform will soak up much more of the executive burden that pulls time away from shoppers, so advisory groups can spend extra of their day on superior planning and relationship constructing,” Ferri mentioned of Nevis. 

Nevis jumps into Focus community 

Nevis arrives 9 months after Focus started rolling out Jump’s AI assistant to 800 advisors throughout SCS Financial and the Focus Partners Wealth community. That January 2026 rollout adopted an eight-week, 40-advisor pilot during which individuals reported slicing time spent on assembly prep, notes and follow-ups by 70%, based on an inner Focus survey. 

Jump, which advertises itself as “the AI notetaker for advisors,” now sees its Focus integration met by a Nevis instrument whose CEO additionally describes offering notetaking for advisors.  

“Advisors use Nevis to organize for conferences, construct consumer shows and monetary plans, take assembly notes, draft customized emails and uncover new development alternatives,” Nevis co-founder and CEO Mark Swan wrote in a LinkedIn post asserting his firm’s partnership with Focus. Ferri didn’t say what number of advisors could have entry to Nevis. 

As Focus rolls out Nevis for account opening, its different AI accomplice Jump additionally has begun testing an account opening feature to onboard shoppers from Schwab and Fidelity. 

“This partnership brings AI to each wealth advisor at Focus, one of many largest impartial wealth management companies within the US,” added Swan. “Every Focus advisor will work from Nevis as a single AI working system, with brokers that full work end-to-end.” 

Focus Partners Wealth custodies consumer property with Schwab and Fidelity, based on its Form ADV filings. In September, Schwab grew to become the primary RIA custodian to integrate Claude for Financial Advisors, which is Anthropic’s instrument for assembly prep, financial planning, and consumer follow-ups that’s accessible for the greater than 16,000 RIAs that custody with Schwab. 

AI instruments multiply  

Asked how Nevis matches alongside Jump and Claude, Ferri mentioned Focus will assess how its AI instruments work collectively because the Nevis rollout develops. 

“Our method is to provide our individuals a set of accepted instruments, every reviewed towards our safety and compliance requirements. There is not any change to the instruments our groups use at the moment,” mentioned Ferri. “As our work with Nevis develops, we’ll take a look at how all enabling capabilities match collectively so the expertise stays easy and linked for advisors, and we’ll share any change with our groups properly forward of time.” 

Nevis was based by former Revolut executives and launched in late 2024. The startup says property on its platform grew from $50 billion to $700 billion in 2026. Funding for Nevis includes $40 million raised from Sequoia Capital, ICONIQ and Ribbit Capital. 

Aside from Focus, the consumer base for Nevis consists of wealth administration companies IEQ Capital, United Capital and AlTi Global.  

“Much of the early work is connecting Nevis to the programs our advisors use each day, together with our custodians, CRM, portfolio management and planning platforms, so data is captured as soon as and flows via the work,” Ferri mentioned.