EncorEstate Plans, a Seattle-based financial services company that provides estate planning software designed exclusively for financial advisors, has appointed Matt Pistone, a co-founder of Riskalyze, to the new position of chief technology officer, the company said.
“I’m excited to join the EncorEstate Plans team to build on an extremely solid foundation,” Pistone said in a news release announcing his hire. “As a startup, EncorEstate Plans already has strong revenue and product-market fit. I look forward to helping to take the company to the next phase of growth as we add more platform features and processes to better serve the needs of our advisors.”
As co-founder of Riskalyze, Pistone served as the firm’s chief technology officer for the past 10 years. He grew the engineering team from zero to more than 50 employees across three offices in two countries.
In his new role, Pistone will be responsible for EncorEstate's software development, including the product road map. He will also focus on building out the company’s technology strategy to serve its growing enterprise business.
Estate planning is a key component in designing a holistic financial plan for a client. EncorEstate Plans, which was founded in 2021, says the number of advisors using an estate planning tool has increased 200% in the last two years. With Pistone’s hire, the firm is strategically positioned to capture that momentum and scale it to new heights, according to EncorEstate Plans CEO Matt Morris.
“Matt is an outstanding technology leader who knows how to effectively scale engineering teams and develop best-in-class systems,” Morris said in a prepared statement. “As we build our infrastructure, Matt is the right person to lead our product teams and ensure we’re tapping into both existing and emerging technologies to meet the needs of our advisors and their clients.”
In addition to will and trust-based plans, which start at the nominal cost of just $350, EncorEstate Plans recently added a service that allows advisors and clients to cure out-of-date plans, providing a one-page visual summary that makes it easy to review all pertinent information and identify any gaps or outdated information.
EncorEstate Plans grew out of a predecessor firm, Helios Integrated Planning, at the end of 2021. The firm said it has completed nearly 10,000 estate plans, working with thousands of advisors at more than 600 firms in all 50 states.