Altruist Launches AI-Powered Tax Planning in Hazel

New feature helps advisors create personalized tax strategies for clients in minutes

Published on Feb. 10, 2026

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Altruist, a tech-forward wealth platform for independent advisors, has announced the launch of a new AI-powered tax planning feature within its Hazel platform. The new capability allows advisors to quickly create personalized tax strategies for clients by analyzing their financial data and applying deep tax logic, all within minutes.

Why it matters

Tax planning is a critical service that advisors can provide to improve client outcomes, but it is often a slow and labor-intensive process. Hazel's AI-powered tax planning feature aims to streamline this process, enabling advisors to handle more clients and deliver higher-quality advice.

The details

Hazel's tax planning feature reads and interprets clients' tax documents, paystubs, account statements, and other financial data, and then applies advanced tax logic to generate personalized strategies. Advisors can also use the platform's interactive scenario modeling to explore 'what-if' questions and see projected tax outcomes in real time. The feature is available to all wealth management firms, regardless of whether they custody assets with Altruist.

  • Altruist announced the launch of Hazel's tax planning feature on February 10, 2026.

The players

Altruist

A tech-forward wealth platform for independent advisors, offering a fully integrated digital experience for managing investments and serving clients.

Hazel

An AI platform built by Altruist to help wealth managers transform their practice by automating core advisory tasks and providing personalized insights.

Jason Wenk

Founder and CEO of Altruist.

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What they’re saying

“Tax planning is one of the most powerful ways advisors can improve outcomes, but it's also slow and mentally draining, especially in the busy tax season. Hazel's tax planning feature flips that dynamic. It expands what a single advisor can handle, raises the bar on outcomes, and makes average advice a lot harder to justify.”

— Jason Wenk, Founder and CEO of Altruist

What’s next

Hazel's AI-powered tax planning feature represents the first installment in a series of expanded planning solutions anticipated for the platform.

The takeaway

Altruist's new AI-powered tax planning feature in Hazel aims to revolutionize the way advisors approach tax planning, enabling them to deliver personalized strategies to clients in a fraction of the time, and ultimately improving client outcomes.