Nitrogen

What Nitrogen does

Nitrogen (formerly Riskalyze) is a wealthtech SaaS company that provides an AI-connected suite of products for financial advisors, built around its proprietary Risk Number methodology — a quantitative score that creates a shared risk language between advisors, clients, and home offices. The platform combines core engagement products (Risk Center, Research Center, Income Center, Tax Center, Legacy Center) with an agentic AI engine (Nucleus) that automates statement capture, portfolio construction, meeting preparation, and tax insights across 10,000+ financial institution integrations. Nitrogen sells tiered subscriptions with a Premium Statement Capture add-on at $49/month and operates a Partner Store marketplace for third-party model portfolios from asset managers and strategists. The company serves over 30,000 advisors across enterprise wealth management firms (including LPL Financial, High Tower, Osaic, Cetera, United Planners), broker-dealers, banks, credit unions, and independent practices, and has earned the first ISO/IEC 42001 AI governance certification in wealthtech along with an industry-leading NPS of 71. Its GTM motion is hybrid: product-led growth via free Risk Number and Lead Generation Questionnaire tools drives top-of-funnel acquisition, while a direct enterprise sales team closes firm-wide deployments, and channel partnerships (Betterment Advisor Solutions, BX Partners, Bitwise, Ancorato) extend distribution.

Name

Nitrogen

Legal name

Nitrogen Wealth, Inc.

Website

https://nitrogenwealth.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Nitrogen (formerly Riskalyze) provides an AI-connected suite of wealthtech products — Risk Number, Nucleus AI engine, Tax Center, Legacy Center, and Partner Store marketplace — to over 30,000 financial advisors at wealth management firms, broker-dealers, banks, and independent practices.

Ownership category

akta.pro rank

Product category

Wealth Management Software

NAICS

Portfolio Management and Investment Advice (523940), Software Publishers (5132)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Digital Wealth Platforms for Advisors (TAMP/Advisor Tech) (FSAGAEAH)

akta.pro secondary industries

Financial Planning–Led RIAs (FSAAACAB), Retirement Plan Participant Advice & Managed Accounts (FSAEABAF)

Keywords

• Wealth management software
• Risk tolerance platform
• Financial advisor tools
• Portfolio risk analytics
• Client engagement software

Headquarters

HQ city

Auburn

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Platform Subscription: Subscription-based access to Nitrogen's connected suite of AI advisor products. Pricing appears tiered with Elite account options for full feature access including Advisor Marketing Kit and custom branding capabilities.
2. Premium Add-on Services: Additional premium tiers such as Premium Statement Capture at $49/month for human-verified statement processing.
3. Partner Store Marketplace: Third-party model portfolio subscriptions through Partner Store. Advisors pay underlying ETF expense ratios with no overlay fees or third-party asset management charges.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels8 records

Core offering

Nitrogen provides an AI-connected suite of advisor software products built on its proprietary Risk Number methodology, enabling financial advisors to quantitatively measure client risk tolerance, align portfolios, generate proposals, plan retirement income, model tax outcomes, and manage generational wealth transfers. The platform combines core engagement modules (Risk Center, Research Center, Income Center, Tax Center, Legacy Center) with an agentic AI engine (Nucleus), firm-wide controls, and integration capabilities serving over 30,000 advisors across wealth management firms, broker-dealers, banks, and asset managers.

Product overview

Nitrogen is a connected suite of AI-powered advisor products organized around its proprietary Risk Number methodology. The platform provides a unified architecture combining core engagement tools (Risk Center, Research Center, Income Center, Tax Center, Legacy Center) with an AI engine (Nucleus), firm management capabilities (Firm Controls, Risk Engine), and numerous specialized modules (Partner Store, Meetings, Outside Asset Sync, Retirement Plans, Stress Tests, Scenarios, Check-ins, Holdings Dashboard, Insights Dashboard, Proposals Dashboard, Securities Builder, Risk/Reward Heatmap, Advisor Marketing Kit, Retirement Income By Source, Timeline, Lead Generation Questionnaire). The Risk Number serves as the foundational metric connecting all products, enabling advisors to assess risk tolerance, align portfolios, model retirement outcomes, and generate client proposals across the entire client lifecycle from prospect acquisition through generational wealth transfer.

Differentiator

Problem solved

Functional benefit

Brands

• Risk Number: The company's proprietary risk tolerance quantification metric that creates a common language between advisors and clients for risk alignment.
• Riskalyze GPA
• Nucleus
• Legacy Center
• Risk Center
• Research Center
• Income Center
• Tax Center
• Firm Controls

Products and services

• Legacy Center AI-driven product that helps financial advisors visualize client estates and prepare beneficiaries for generational wealth transfers. Features Legacy Map for visual estate overviews showing accounts, trusts, insurance, and beneficiaries in projected dollars, and Legacy Key for sending branded introductions to beneficiaries. Targets the estimated $84 trillion generational wealth transfer opportunity.
• Nucleus Agentic AI engine embedded in the Nitrogen platform that connects client insights, executes workflows, and prepares advisors for client meetings. Converts statements to portfolios, tax documents to insights, and meetings to actionable notes through natural language interaction. Includes statement-to-portfolio conversion, tax document visualization, natural language security screening, meeting transcription, and note generation.
• Risk Center

Quantifiable outcome

• 75% of advisors saw their book of business grow by $1M+ within 90 days of use
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability9 records

Feature10 records

Partnerships

Two partnerships are on record, tiered core.

• Betterment Advisor SolutionscoreTechnology or Integration · 18 February 2026Strategic partnership to integrate platforms, enabling financial advisors to sync client account data directly into Nitrogen for improved portfolio risk, tax, and retirement planning. The integration allows seamless data flow and more confident client conversations without additional cost.
• BX PartnerscoreTechnology or Integration · 17 February 2026Launched 12 open-architecture portfolio models on Nitrogen Partner Store, providing financial advisors access to nonproprietary stock-and-ETF portfolios across four risk levels. Models integrate with Nitrogen's risk profiling framework and are designed to demonstrate objectivity and reduce conflicts of interest.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Orion Advisor Technology: Orion is a leading advisor technology platform offering portfolio accounting, risk analytics, and proposal generation tools that directly compete with Nitrogen's Risk Center and Research Center among RIAs and broker-dealers.
• Addepar: Addepar provides portfolio analytics, performance reporting, and risk dashboards for wealth managers, directly overlapping with Nitrogen's portfolio analytics, risk profiling, and client reporting offerings for high-end advisor segments.
• MoneyGuidePro: MoneyGuidePro is a widely adopted financial planning software for advisors with probability-of-success and goal-based planning features that overlap with Nitrogen's Income Center and retirement planning modules.

Broad incumbents

• Envestnet: Envestnet offers a broad financial planning, risk, and portfolio management platform (including RiskProfiling) to large enterprises and financial institutions, competing with Nitrogen especially in broker-dealer and bank wealth segments.
• Morningstar Advisor Workstation: Morningstar Advisor Workstation provides research, portfolio analytics, and proposal tools widely used by advisors; it competes with Nitrogen's Research Center and serves as a broad incumbent alternative for wealth management firms.
• eMoney Advisor: eMoney Advisor (Fidelity-owned) is a comprehensive financial planning and client engagement platform for advisors, serving as a broader incumbent alternative to Nitrogen's planning and engagement suite.
• Black Diamond (now part of SS&C): Black Diamond is an established portfolio management and reporting platform for RIAs and wealth managers, competing with Nitrogen in performance reporting, client portals, and risk analytics.

Emerging players

• RightCapital: RightCapital is a financial planning platform used by RIAs and independent advisors, offering retirement income, tax, and estate planning tools that directly compete with Nitrogen's Income Center, Tax Center, and Legacy Center.
• Holistiplan: Holistiplan provides AI-powered tax planning for financial advisors, overlapping directly with Nitrogen's Tax Center product. It is an emerging specialist player in a category Nitrogen has expanded into.
• Kwanti: Kwanti offers portfolio analytics, proposal generation, and risk analysis for advisors with overlap to Nitrogen's Risk Center and Research Center, targeting similar independent and RIA segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nitrogenwealth

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds7 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nitrogen