RIA Compound Planning on Tuesday announced the launch of Activity Monitor, a new feature that it said serves as the “centerpiece” and “real-time command center” for the firm’s AdvisorHQ AI-powered operating system (OS) used by its advisors.
Activity Monitor, which is available only for Compound advisors, conducts an AI-based analysis of an advisor’s book of business, providing “actionable intelligence, centralized data, and automated workflows,” the RIA said.
Testing Phase
“Starting in April 2025, we onboarded an initial group of roughly 10 advisors across the company” to Activity Monitor, Nelson Arnous, Head of Product at Compound Planning, told WSR by email on Wednesday.
“Their input was invaluable in shaping the workflows, AI suggestions, and use cases we have available today, as we had engineers and designers spending time shadowing advisors and pulling in feedback to drive decisions and iterate before the broader release,” he said.
“The program ran for 5 months, while we added new features along the way and continually expanded our pool of advisors.”
A summer pilot program then included a rollout to additional advisors, according to Arnous.
He pointed out, “Yesterday marked the official public launch. Today, it’s already being used by 82% of our advisor base.”
“Activity Monitor is the result of direct feedback from our team of over 50 experienced advisors,” according to Alex Farman-Farmaian, Co-Founder and Co-CEO of Compound Planning.
“In our industry, technology is only valuable if it unlocks productivity and augments an advisor’s expertise,” he said in a news release. “Activity Monitor is the AI-powered engine that makes this a reality for our advisors.”
He added, “We continue to invest in making our platform the single place for Compound advisors to manage every aspect of their clients’ financial lives. What we’re building is designed so they can pour all of their focus into building and growing their client relationships by delivering proactive advice at scale.”
Constant Monitoring
Activity Monitor uses AI call transcripts to record a Compound advisor’s client meetings — whether they take place online or by phone, according to the firm. It maintains advisors’ to-do lists for them, reviewing client meeting notes to understand what and when client deliverables are due, Compound said.
Activity Monitor monitors each client’s profile, informing their advisors about key changes including large cash movements, performance issues and life events, the firm noted.
“As an advisor, one of my most valuable assets is time,” Tara Shulman, Principal Wealth Advisor at Compound Planning, pointed out.
“Activity Monitor has given me more time, and allows me to be more productive and serve my clients better,” she said in the news release. “Proactivity has always been a staple of my approach, but I’ve been able to elevate that to new levels with the help of AdvisorHQ and Activity Monitor.”
An ‘Invaluable Tool’ For Advisors
“Activity Monitor is the linchpin of our platform,” Arnous said in the news release. “It allows our advisors to stay on top of client opportunities in a way that wouldn’t be possible otherwise. We’re monitoring tens of thousands of data points and surfacing insights to advisors right when they need them, so they can deliver truly proactive advice.”
He added, “Activity Monitor has already become an invaluable tool our advisors use to start and end their day, keeping them two steps ahead of client expectations — and saving them what Compound estimates to be up to five hours each week.”
The firm now has more than 10,000 users registered on its proprietary Compound Dashboard, it said. In February, Compound integrated multi-tiered, full-service tax services into its dashboard.
In August, the firm surpassed $4 billion in assets under management (AUM).
“AdvisorHQ was the first product we began developing in early 2022, and while we never formally announced its launch, it has been central to our platform ever since,” Arnous told WSR. “The Compound Dashboard officially launched in November 2022, when Compound Financial, Inc. introduced its firm publicly.”
“In September 2023, Alternativ Wealth (the firm now known as Compound Planning) acquired Compound Financial, Inc. and rebranded the existing RIA under the Compound Planning name,” he pointed out.
He added, “The dashboard has remained a cornerstone of our firm’s advisor and client experience, providing a unified view of wealth. Today, it continues to evolve as part of our broader technology platform, now seamlessly integrated into AdvisorHQ.”
Jeff Berman, Contributing Editor and Reporter at Wealth Solutions Report, can be reached at jeff.berman@wealthsolutionsreport.com.
