Financial Independence Group Forms Strategic Partnership With AI Tech Firm Waterlily

Financial Independence Group, LLC (FIG), a prominent financial services provider, has entered into a strategic partnership with Waterlily, a tech company specializing in artificial intelligence (AI) for long-term care (LTC) predictions. This collaboration is set to enhance the precision of financial planning tools involving LTC insurance and related products.

Through this alliance, FIG will integrate Waterlily's AI technology to improve predictions concerning annuities, LTC insurance, and hybrid insurance policies. Waterlily makes use of over 500 million data points to craft personalized LTC plans and project LTC costs, thus transforming the way financial professionals discuss and plan LTC with clients.

Notably, the partnership with Waterlily is among several strategic relationships FIG is nurturing, having recently partnered with Prudential and over 100 wealth advisory firms. This series of partnerships underscores FIG’s commitment to adopting cutting-edge technologies to better serve their clientele. Waterlily's platform offers an advanced level of tailored planning previously unavailable in the financial sector.

Evan Ehrenberg, Waterlily’s co-founder and COO, emphasized the dynamic and productive working relationship with FIG, which aims to further enhance the capabilities of the AI platform. Alecia Barnette, from FIG, highlighted that beyond its analytical prowess, Waterlily’s software facilitates interactive consultations with clients, enabling comprehensive LTC plans tailored to individual client stories.