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Luminary review for financial advisors
By William Foster · Updated October 27, 2026
Verdict: Luminary is best for firms serving high-net-worth families that want estate document extraction, strategy modeling and ongoing wealth-transfer tracking. Pricing: Contact vendor. Skip it if most of your clients have simple wills and basic trusts.
How we review: this is an editorial summary of what Luminary publishes about its product and pricing, checked on October 27, 2026. We haven't run a hands-on test, we don't give star ratings, and vendors can't pay to change it.
At a glance
| Best for | Firms serving high-net-worth families that want estate document extraction, strategy modeling and ongoing wealth-transfer tracking |
|---|---|
| Category | Tax return & document analysis |
| Starting price | Contact vendor |
| Free option | None listed |
| Pricing model | By quote |
| Website | www.withluminary.com/ |
What Luminary does
Luminary says its human-in-the-loop AI turns estate and ownership documents into structured, source-cited data, then builds balance sheets, entity and distribution diagrams, firm-branded estate presentations and what-if models for strategies such as SLATs, GRATs, CRTs, CLTs and family or charitable gifting. A deterministic tax engine calculates federal, state, inheritance and asset taxes. It is sold in Go, Pro and Enterprise tiers, integrates with eMoney, Orion, Addepar, Black Diamond, Salesforce and Snowflake, offers a public API and an MCP connection for ChatGPT and Claude, and lets attorneys, CPAs and trustees collaborate under role-based permissions. Luminary says it is SOC 2 Type II certified and that neither it nor its model providers train on client data. It raised a $22 million Series A led by Ten Coves Capital in September 2026 and says its platform supports more than $500 billion in client assets. It does not draft documents or give legal advice.
Key capabilities, per Luminary
- AI extracts and summarizes trust and estate documents with citations to the source page
- Entity and distribution diagrams, balance sheets and SLAT, GRAT, CRT and CLT modeling with a deterministic tax engine
- Integrations with eMoney, Orion, Addepar, Black Diamond, Salesforce and Snowflake; MCP access from ChatGPT and Claude
Good fit if
You want firms serving high-net-worth families that want estate document extraction, strategy modeling and ongoing wealth-transfer tracking.
Skip it if
Most of your clients have simple wills and basic trusts.
What to check before you buy
- Ask which features are in Go vs. Pro before you buy.
- Confirm how attorneys, CPAs and trustees are invited and what each can see.
- Luminary doesn't draft documents; pair it with your estate attorney or a document-creation tool.
- Have your compliance team review data handling and recordkeeping before any client data goes in.
How Luminary compares on price
| Tool | Starting price | Free option | Details |
|---|---|---|---|
| Luminary | Contact vendor | None listed | Pricing details |
| Vanilla | Contact vendor | None listed | Pricing details |
| Wealth.com | Contact vendor | None listed | Pricing details |
| Trust & Will | Free; paid from $2,500/yr | Free advisor plan; clients pay for their own estate plan at a 10% discount. | Pricing details |
| FP Alpha | From $870/yr | None listed | Pricing details |
| Holistiplan | From $749/yr | Free trial offered. | Pricing details |
List prices from each vendor's website as of October 21, 2026.
Get a Luminary demo
Tell us a little about your firm and we'll pass your request to Luminary's team. Free, no obligation.
FAQ
Is Luminary good for financial advisors?
It's a strong fit for firms serving high-net-worth families that want estate document extraction, strategy modeling and ongoing wealth-transfer tracking. AI estate and wealth-transfer platform that turns trust and estate documents into cited summaries, diagrams and tax projections.
What are Luminary's main features?
AI extracts and summarizes trust and estate documents with citations to the source page. Entity and distribution diagrams, balance sheets and SLAT, GRAT, CRT and CLT modeling with a deterministic tax engine. Integrations with eMoney, Orion, Addepar, Black Diamond, Salesforce and Snowflake; MCP access from ChatGPT and Claude.
Who should not use Luminary?
Most of your clients have simple wills and basic trusts.
How much is Luminary?
Luminary prices by quote; it doesn't publish prices.