Aboon provides an AI‑driven platform that automates the creation of 401(k) proposals and accelerates record‑keeper onboarding, turning weeks‑long processes into days. The solution offers step‑by‑step plan design, real‑time tax‑saving calculations, and a unified dashboard, enabling financial advisors to sell and manage retirement plans more efficiently while receiving expert human support for compliance.
Funding
$17.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial advisors often spend extensive time and resources designing, proposing, and onboarding 401(k) retirement plans for clients, leading to slow sales cycles and limited capacity to grow their advisory business.
Solution
Aboon offers an AI‑driven, end‑to‑end platform that automates the creation of 401(k) proposals in minutes and streamlines onboarding with recordkeepers to weeks instead of months. The system guides advisors through plan design, provides tailored recommendations, and handles compliance documentation, allowing them to focus on client relationships. Integrated human support ensures accuracy and addresses complex scenarios, while a unified dashboard lets advisors manage multiple plans from a single interface. By reducing manual effort, Aboon enables advisors to win more retirement plan business with less operational overhead.
Target Audience
Primary customers are financial advisors and wealth‑management firms that sell workplace retirement solutions to small and mid‑size businesses.
Features
- AI‑generated 401(k) plan proposals produced in minutes based on client data and goals
- Automated workflow that accelerates recordkeeper onboarding from months to weeks
- Step‑by‑step guidance for both first‑time and experienced advisors throughout plan design and implementation
- Centralized dashboard for managing, monitoring, and updating multiple retirement plans
- Real‑time tax‑saving calculations and profit‑sharing options to optimize client outcomes
- Access to a team of retirement‑plan experts for support on complex compliance and design questions