StratiFi

Founded in 2015 by Akhil Lodha, Ralph Drybrough, Michael Furlong, and Jeff Wycoff, StratiFi operates as a financial technology firm providing a risk management platform for the wealth management sector. The company's genesis is tied to CEO Akhil Lodha's background in computer science, computational finance, and his career in quantitative analysis and automated options trading at institutions like Citigroup. This experience highlighted a need for more sophisticated risk management tools for financial advisors, leading to the creation of StratiFi.

The company's core offering is a SaaS platform that equips financial advisors, investment managers, and compliance officers with an integrated solution for portfolio risk analysis, client risk profiling, and compliance oversight. Clients include RIAs, independent broker-dealers, and family offices. StratiFi's business model is subscription-based, with tiered annual pricing plans designed for different firm sizes, from solo advisors to large enterprises. Revenue is generated through these subscriptions, which provide access to the platform's tools and features.

StratiFi's platform aims to unify multiple workflows into a single system, replacing an advisor's disconnected tools. A key feature is its proprietary PRISM Rating™ technology, which analyzes portfolios to quantify volatility, correlation, tail risk, and concentration risk into a single score. The platform leverages AI and Nobel Prize-winning behavioral finance concepts to help align a client's risk tolerance with their portfolio. It automates the extraction of data from client statements, generates proposals and Investment Policy Statements (IPS), and provides tools for ongoing compliance monitoring, addressing regulations like RegBI. The system is designed to give advisors a comprehensive view of risk across their entire book of business. In early 2024, the company reported monitoring over 130,000 accounts, totaling more than $55 billion in assets under risk supervision.

Since its inception, StratiFi has secured significant funding from investors such as Anthemis Group, Khosla Ventures, Y Combinator, Cboe Global Markets, and Wolverine Holdings, with total funding reported between $8.5 million and $20.5 million across various rounds. The company has also pursued growth through strategic partnerships and integrations with other wealthtech platforms, including Altruist, Redtail, and CircleBlack, to expand its ecosystem and provide more comprehensive services to advisors.

Keywords: wealth management, risk analysis, FinTech, compliance solutions, portfolio management, investment advisors, risk profiling, SaaS, financial technology, PRISM Rating, client risk tolerance, RegBI compliance, asset management, investment analytics, options overlay strategies, behavioral finance, RIA tools, broker-dealer solutions, family office services, investment policy statement generation