The P5 Wealth Platform
Your most-used advisor tools, in one connected process.
Profiling, planning, portfolio alignment, investment policy statements, proposals and compliance oversight with native AI functionality, all built around one household record. Move from discovery to documented recommendation without re-entering data or switching systems.
One connected process
Five P's. One household record.
Every step draws on the same household information, from financial circumstances and outside holdings to risk directives and retirement scenarios. Use each one on its own, or run them together.
Profile
Discover the client and measure both their willingness and their financial ability to take risk with the Tolerisk Score.
Plan
Model retirement tradeoffs, funded future expenses and what-ifs with built-in planning, or connect eMoney or MoneyGuide.
Portfolio
Compare portfolios and align managed accounts to the household's risk directive, with outside holdings like employer plans factored in.
Policy
Generate investment policy statements from the same analysis that supports the recommendation.
Proposal
Deliver branded proposals and recommendations that pull straight from the household record.
Compliance built in
Oversight, monitoring and documentation run through every step, so the record behind each recommendation is already on file.
Accelerated by AI
AI extracts and organizes data from statements, fact finders and existing plans. Every financial calculation stays in our dedicated engines.
Fewer overlapping tools
Using only part of a larger planning or analytics platform? Cut overlapping subscriptions and duplicate data entry.
The engine
Powered by the Tolerisk calculation engine.
The Tolerisk Score sits at the center of the platform. It goes further than a questionnaire, accounting for household circumstances and uncertainty in market returns, inflation and lifespan.
Both dimensions of risk
Measures the two dimensions the SEC identifies: a client’s willingness and their ability to take risk.
Realistic simulations
Models dynamic inflation paths and annual second-to-die mortality probabilities across 1,200 market paths.
Probability of running out
Calculates the chance a client outlives their money, or shows it as a probability of success.
Funded future expenses
Shows how much of each client’s future spending is already funded, and the tradeoffs of retiring early or late.
Risk by tax status
Shows how risk differs between taxable and tax-advantaged accounts.
Clients, prospects and plans
One methodology for clients, prospects and employer-sponsored plan participants.
Included with every plan
Four ways to put the Tolerisk Score to work.
Prospect assessment
A five-minute version of the risk assessment. Share it by link through Campaign Links or embed it on your website to turn visitors into leads.
Client risk assessment
The full one-on-one assessment, with adjustable depth and visuals that make risk easy to explain.
401(k) participant app
A self-serve app that gives small-balance participants personalized guidance and brings you wealth management leads.
Portfolio Analytics
Historical returns, volatility, drawdowns and Sharpe ratios, plus a Tolerisk Score for every portfolio and custom reports.
For your clients
Your clients get their own app.
Every P5 Wealth Platform subscription includes a client app, P5 Client. Clients sign in to complete their risk questionnaire, upload statements and documents, and keep their information current, so the household record stays up to date between meetings.
- Questionnaires from any phone or computer
- Uploads land straight in the household record
- Check-ins with you, on your terms
Clients sign in from Log in → Client login at the top of this site.
New · AI built for advisors
AI that does the busywork and leaves the decisions to you.
AI Companion
Holds voice or text check-ins with your clients, grounded in their past assessments and financial picture. It flags life changes that could move their risk and documents every conversation.
- Grounded in each client’s assessment history
- Ongoing, personalized client engagement
- Advisor-first: you control it, and every interaction is on file
The Paraplanner
Ask about any household by name, or drop in a statement, plan report or fact-finder. It stages updates against the assessment, shows the page each value came from, and writes nothing until you apply it.
Households
One home for each client’s risk story.
Each household shows what exists, what has gone stale and what has never been done, with the next step spelled out.
Risk directive
Set the number the household is managed to, and check it still matches what they answered.
Meeting Mode
A client-facing view for walking through the score, the plan and any proposed change.
Client App
Invite clients to see their own results, and preview exactly what they’ll see first.
What-ifs
Test retirement dates, spending and savings changes before you recommend them.
Portfolio analytics
Put every model on the same 0–100 benchmark scale as your clients.
Analyze model and household portfolios for score, standard deviation and expected return. Place models along the 0–100 benchmark scale, and a client’s score resolves to a blended allocation.
- Compare portfolios side by side and export to CSV
- Accounts flagged when they drift from target
- Managed and held-away assets in one view
- Security mappings across 18 asset classes
Compliance & fiduciary care
Catch drift automatically, not at the next review.
Turn on compliance monitoring and every household is re-scored on your schedule. Accounts that drift from their risk directive become tickets for the right advisor.
- Stale assessments, out-of-tolerance variance and coverage at a glance
- Advisor activity and client coverage by team
- Runs, tickets and a PDF export for your files
- Monthly, quarterly, semi-annual or annual re-scoring
Report Studio
Custom reports.
Build portfolio, proposal and IPS templates from sections you drag into place, choose a theme, add your logo and accent color, and share templates across the firm.
- Choose the content that is most meaningful to your clients
- Five base themes plus custom firm themes
- Firm-wide disclosures, headers and footers
Practice growth
Turn the assessment into your best prospecting tool.
Campaign Links
A link for each source: your website, an email campaign or a referral partner. Choose the assessment, add your scheduling link, set an expiry and watch submissions come in.
Employer plans
Set up a plan for each employer, share a participant link, and give every participant a Tolerisk Score and report with your own 401(k) disclosure.
Engagement
See your prospect-to-client conversion by month, Client App invites, assessment coverage and the average Tolerisk across your book.
How P5 helps you
Better risk conversations pay off across your practice.
Win more business
Stand out from other advisors and turn prospects into clients with an assessment they can take before the first meeting.
Increase retention and referrals
Risk recommendations that keep up with changing finances build client confidence and long relationships.
Compliance and fiduciary care
Cash flows and mortality probabilities support your fiduciary duty, and every assessment and change is documented.
For the whole firm
Controls your operations and compliance teams will seek.
Users and teams
Advisors, assistants and compliance roles, organized by team.
Calculation defaults
Firm-wide assumptions, shown as probability of running out or probability of success.
Branding
Your logo on the advisor site, the Client App and every report.
Integrations and API
Redtail, Wealthbox, Orion, Black Diamond and eMoney, plus the P5 API. See all
See the whole process in a live demo.
Every plan includes all of it. A product specialist will walk you through it on a sample household.