Otto Finance

Otto Finance is an AI automation platform that acts as a digital paraplanner for wealth managers and financial advisers, orchestrating end-to-end advisory workflows to boost productivity and client capacity. The platform automates high-touch administrative tasks including meeting transcription and summarization, suitability letter generation, client onboarding, annual review reporting, and compliance documentation — freeing advisers to focus on client relationships and growing assets under management. Otto integrates with existing CRM, practice management, reporting, and communication systems as an orchestration layer rather than replacing them, and provides clients with a smart digital portal for real-time portfolio visibility and secure messaging. Founded in 2020 by Jan Erwin Thomas and Madeleine Debney, the company is backed by Sequoia Capital's Arc Europe program and investors including Mark Cuban and Bill Clerico.