Advisory revenue equals funded accounts multiplied by AUM per account and by the yield on AUM. Funded accounts is the primary driver of the model: all other revenue lines and costs scale from it.
Scenario values may be modified; all other sections update accordingly. Current reflects Q3 2026 results annualized (Q3 × 4). Benchmark reflects published industry data where available; N/A indicates that no comparable benchmark exists. The Basis column describes the source of each starting value.
Sources: Kitces Research (advisory fees, 2024); Datos Insights and Envestnet, State of Financial Planning Fees (2026); Morningstar (robo-advisor fees, 2024).
FX net revenue equals funded accounts multiplied by FX volume per account and by the FX intermediation spread, adjusted for the share of client deposits processed through Insights (35% currently). Revenue Share FX is paid out of FX net revenue.
Scenario values may be modified; all other sections update accordingly. Current reflects Q3 2026 results annualized (Q3 × 4). Benchmark reflects published industry data where available; N/A indicates that no comparable benchmark exists. The Basis column describes the source of each starting value.
Subscription revenue equals funded accounts multiplied by the Premium share, by the share of Premium clients who pay a subscription, by the monthly fee and by 12.
Scenario values may be modified; all other sections update accordingly. Current reflects Q3 2026 results annualized (Q3 × 4). Benchmark reflects published industry data where available; N/A indicates that no comparable benchmark exists. The Basis column describes the source of each starting value.
Insights Card is a Premium product. Revenue equals Premium accounts (funded accounts multiplied by the Premium share, set in the Subscriptions section) multiplied by the share holding a card, the share of cards transacting each month, the average payment volume per active card, the net interchange rate and 12.
Scenario values may be modified; all other sections update accordingly. Current reflects Q3 2026 results annualized (Q3 × 4). Benchmark reflects published industry data where available; N/A indicates that no comparable benchmark exists. The Basis column describes the source of each starting value.
Sources: Merchants Payments Coalition (credit interchange, 2025).
Operating costs are expressed as a percentage of revenue. Advisor commissions (Advisory) and Revenue Share FX (FX) are the cost items that vary directly with revenue.
Scenario values may be modified; all other sections update accordingly. Current reflects Q3 2026 results annualized (Q3 × 4). Benchmark reflects published industry data where available; N/A indicates that no comparable benchmark exists. The Basis column describes the source of each starting value.
Sources: Gartner 2026 CMO Spend Survey; The CMO Survey, Spring 2026; industry IT-budget benchmark reports (secondary sources). Benchmarks are indicative and not directly comparable. Operating profit excludes other income.
Partner program: the program has not been paid to date, so there is no current value or benchmark (N/A). The cost per funded client is a starting input that reflects management’s expectation and can be changed.
Select Analyze to generate an assessment of the scenario currently configured. Follow-up questions about the scenario and the business can then be submitted to the analyst.
These projections are based on management’s assumptions and historical Company data. They are forward-looking statements, not guarantees, and actual results may differ materially.