Income Discovery
Income Discovery provides a B2B SaaS platform for tax-smart retirement income planning, execution, and monitoring, serving enterprise wealth management firms and retirement plan stakeholders. Its AIDA optimization engine unifies Social Security, tax, annuity, and withdrawal sequencing in one workflow.
- Company typePrivate
- Founded2010
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Income Discovery does
Income Discovery is a B2B SaaS platform, operated under legal entity Fiducioso Advisors, Inc., that provides tax-smart retirement income planning, execution, and monitoring tools to enterprise wealth-management firms and retirement plan stakeholders. The platform is built around AIDA (Adaptive Income Discovery Agent), a proprietary optimization engine that simultaneously analyzes thousands of strategy combinations across Social Security claiming, pension settlement, annuity allocation, tax rates, account types, and withdrawal sequencing to deliver personalized retirement income plans. Three integrated products — Income Planning 2.0 for one-click strategy creation, Income Delivery for quarterly tax-optimized distribution execution, and SafePath for real-time retirement confidence monitoring — sit on top of AIDA, with an AI Companion feature (launched April 2026) that translates complex model output into advisor-ready narratives.
The company sells exclusively to institutions analyzing 1,000 or more retirement income cases annually, distributing through direct enterprise field sales, API integration, and white-label/OEM channels. It is SOC 2 Type II certified and operates as a registered investment adviser. As of December 31, 2025, the platform reports serving 158,000+ retirees with $168.5B in assets under income planning, and claims quantified outcomes of up to 30% more safe income, 5x legacy optimization potential, and 275 basis points of additional client value. A strategic partnership with MyVest (a TIAA subsidiary), signed in June 2024, integrates AIDA-powered withdrawals with MyVest's Strategic Portfolio System to close the planning-to-execution gap.
Income Discovery is a privately held, remote-first company founded in 2010 by Manish Malhotra (formerly of Citigroup, Nomura, and Bank of America), headquartered in the United States with 11–50 employees. The company has raised approximately $5.7M in disclosed equity rounds between 2010 and 2019, supplemented by an undisclosed January 2021 round from leading financial services executives. Its advisory board includes former senior executives from Voya Investment Management, HD Vest, Fidelity, Charles Schwab Asset Management, and ex-Partners at Strategy& PwC, Boston Consulting Group, and Goldman Sachs. The company won the WealthManagement.com Industry Award for Best Retirement Income Technology Provider in 2024.
Income Discovery firmographics
Firmographics- Name
- Income Discovery
- Legal name
- Fiducioso Advisors, Inc.
- Website
- https://incomediscovery.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Income Discovery provides a B2B SaaS platform for tax-smart retirement income planning, execution, and monitoring, serving enterprise wealth management firms and retirement plan stakeholders. Its AIDA optimization engine unifies Social Security, tax, annuity, and withdrawal sequencing in one workflow.
- Ownership category
- akta.pro rank
Income Discovery industry classification
Industry- Product category
- Retirement Income Planning Software
- NAICS
- Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Digital Retirement Platforms (IRA/401(k), Pension & Decumulation) (FSAGAEAF)
- akta.pro secondary industries
- Automated Rebalancing, Tax-Loss Harvesting & Tax-Optimized Investing Tools (FSAGAEAE), Digital/Hybrid Robo-Wealth & Retirement Advisory (FSAEABAK), Savings Automation & Goal-Based Savings (FSAGADAC)
Keywords
Where Income Discovery is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Income Discovery business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Enterprise Software Platform Subscription: Income Discovery operates as a B2B SaaS platform serving wealth management firms and retirement plan stakeholders. The company offers its platform to institutions for delivering retirement income solutions at scale. Pricing appears to be quote-based, targeting enterprise clients with institutional-level requirements (1,000+ retirement income cases annually).
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Income Discovery product offering
Product offeringCore offering
Income Discovery provides an intelligent B2B SaaS platform for retirement income planning, execution, and monitoring. Powered by its proprietary AIDA engine, the platform enables wealth management firms to deliver tax-smart, personalized retirement income strategies at scale, optimizing across Social Security timing, pension options, annuity allocations, tax rates, and withdrawal sequencing in one click. Solutions include Income Planning 2.0 (strategy), Income Delivery (quarterly execution), and SafePath (real-time confidence monitoring).
Product overview
Income Discovery is a unified platform for retirement income management with three integrated core products: Income Planning 2.0 for strategy creation, Income Delivery for execution, and SafePath for monitoring. All three are powered by the Adaptive Income Discovery Agent (AIDA), an intelligent planning engine that analyzes thousands of strategy combinations to deliver personalized, tax-smart retirement income plans. The platform enables one-click optimization across Social Security, taxes, annuities, and withdrawals, replacing manual spreadsheets with automated, compliance-approved processes. Recent additions include an AI Companion feature that explains plan results in natural language.
Differentiator
Problem solved
Functional benefit
Brands
- AIDA (Adaptive Income Discovery Agent): AI-powered intelligent planning engine that analyzes thousands of strategy combinations to deliver the best-fit income plan for each household
- Income Planning 2.0
- Income Delivery
- SafePath
Products and services
- Income Planning 2.0 One-click plan building engine that creates fully integrated retirement income strategies optimized across Social Security timing, pension settlement, annuity allocation, tax rates, account types, and withdrawal sequencing. Designed for wealth management advisors serving retiree clients.
- Income Delivery Quarterly income execution tool that transforms retirement strategy into dynamic, tax-optimized withdrawal plans. Handles planned and unplanned spending events, Roth conversions, and budget-based distributions across managed and held-away accounts from a single dashboard.
- SafePath Real-time retirement income safety monitoring that provides retirees and advisors with clear spending guidance through Safe Zone (continue spending) and Adjustment Zone (reduce spending with confidence) indicators, with forward-looking retirement health monitoring and proactive alerts.
- Adaptive Income Discovery Agent (AIDA) Intelligent planning engine that analyzes thousands of strategy combinations to deliver best-fit retirement income plans for each household, simultaneously optimizing across Social Security claiming, tax strategies, pension settlements, annuity allocations, portfolio allocation, and withdrawal sequencing.
Quantifiable outcome
- Up to 30% increase in safe retirement income
- +4 more outcomes
Companies that use Income Discovery
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Income Discovery technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability8 records
Feature6 records
Income Discovery partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MyVestcoreMyVest, a leading provider of enterprise wealth management technology and subsidiary of TIAA since 2016, partnered with Income Discovery to enable personalized, tax-smart withdrawals for retirement income. The integrated solution combines MyVest's Strategic Portfolio System (SPS) with Income Discovery's Paycheck/Income Delivery to address the disconnect between retirement income planning and implementation. The partnership provides advisors with a clear view into retiree household finances, tax-optimized planning features, and the ability to execute withdrawals through tax-efficient trade order generation in bulk across client bases. A bi-directional data connection allows advisors to effectively monitor and manage client retirement plans.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Income Discovery competitors and assessment
Company assessmentDirect peers
- Boldin (formerly NewRetirement): Boldin (formerly NewRetirement) provides retirement planning software for both consumers and financial advisors, with strong focus on income, tax, and Social Security optimization. Direct competitor to Income Discovery in the retirement income planning category.
- Income Lab: Income Lab is a retirement income planning platform purpose-built for financial advisors, similar in focus to Income Discovery's decumulation-centric approach. Both compete in the B2B advisor market for retirement income optimization.
- MoneyGuide: MoneyGuide is a leading financial planning platform for advisors with goal-based planning and retirement income features. It is a direct competitor in the advisor financial planning space, though broader in scope than Income Discovery.
- RightCapital: RightCapital provides financial planning software for RIAs and financial advisors, including retirement income and tax planning. Direct competitor targeting similar advisor segments.
- eMoney Advisor (Fidelity): eMoney Advisor, owned by Fidelity, is a comprehensive financial planning platform for advisors with retirement income and tax planning capabilities. A scaled direct competitor with broad enterprise distribution.
- Riskalyze: Riskalyze provides risk tolerance and financial planning tools for advisors, with growing capabilities in retirement income. Direct competitor in the advisor planning software category.
Broad incumbents
- Orion Advisor Technology: Orion Advisor Technology (which acquired Advizr) provides a broad wealth management platform for advisors including planning, portfolio, and account management. A broad incumbent competing in financial planning with retirement income features.
- Morningstar Advisor Workstation: Morningstar's advisor workstation includes retirement income planning tools (such as the Income Forecaster) as part of a broad investment research and planning suite for advisors and institutions. A broad incumbent with overlapping retirement income functionality.
- Envestnet: Envestnet provides a broad wealth management platform for advisors and institutions, including financial planning, portfolio management, and retirement income capabilities. A broad incumbent with enterprise-scale distribution.
- Empower Advisory (Personal Capital): Empower (which acquired Personal Capital) offers retirement planning tools including income forecasting and decumulation projections. A broad incumbent in retirement planning with direct-to-consumer and advisor offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Income Discovery social profiles
Digital presenceIncome Discovery financial estimates
Financial estimateRevenue estimate
Valuation estimate
Income Discovery leadership team
Management profileNumber of profiles
Profiles12 records
Income Discovery funding detail
Funding detailFunding overview
Funding rounds6 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Income Discovery M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Income Discovery
What does Income Discovery do?
Income Discovery provides an intelligent B2B SaaS platform for retirement income planning, execution, and monitoring. Powered by its proprietary AIDA engine, the platform enables wealth management firms to deliver tax-smart, personalized retirement income strategies at scale, optimizing across Social Security timing, pension options, annuity allocations, tax rates, and withdrawal sequencing in one click. Solutions include Income Planning 2.0 (strategy), Income Delivery (quarterly execution), and SafePath (real-time confidence monitoring).
Is Income Discovery a public or private company?
Income Discovery is a private company. It is classified as venture growth investor backed and is currently operating.
When was Income Discovery founded?
Income Discovery was founded in 2010. It employs 11 to 50 people.
Where is Income Discovery based?
Income Discovery is headquartered in New York, United States, in the North America region.
How does Income Discovery make money?
One revenue line is on record: enterprise Software Platform Subscription.
Who are Income Discovery's main competitors?
Direct peers on record are Boldin (formerly NewRetirement), Income Lab, MoneyGuide, RightCapital, eMoney Advisor (Fidelity) and Riskalyze. Broad incumbents are Orion Advisor Technology, Morningstar Advisor Workstation, Envestnet and Empower Advisory (Personal Capital).
Does Income Discovery have an API?
Yes. Income Discovery offers API integration capabilities for full integration with existing tech stacks. The platform provides white-label flexibility for brand continuity and integrates with CRM and planning software for seamless workflows. The API enables connecting client data flows, AIDA analysis, tax-smart distributions, and safety tracking. Income Delivery supports sourcing across managed and held-away accounts via API.
What industry is Income Discovery in?
Income Discovery's product category is Retirement Income Planning Software. Its primary akta.pro industry code is FSAGAEAF, Digital Retirement Platforms (IRA/401(k), Pension & Decumulation), with a secondary code of FSAGAEAE, Automated Rebalancing, Tax-Loss Harvesting & Tax-Optimized Investing Tools. Its NAICS code is 54121 and its SIC code is 6282.