For RIAs, wealth managers & planners · Mac, iPhone, iPad

Private AI assistant for financial advisors. Your client data never trains a model.

A private knowledge workspace for your client files, planning docs, suitability memos, and book-of-business research. Indexing stays local on your Mac. Cloud AI requests route through a zero-retention proxy, and common personal information is redacted on-device before it leaves.

Local-first indexing
Zero-retention proxy
On-device redaction
Offline mode

No credit card required · GPT-5, Claude & Gemini · Offline via Ollama

When your work involves

Suitability memos Financial plans Client portfolios Account statements Estate documents Client letters Meeting recaps Compliance research

This isn't the kind of data you casually paste into ChatGPT.

A regulator does not care where the leak happened.

The private AI assistant for financial advisors

Most advisor AI tools record meetings or pipe everything to a cloud model. Elephas runs on your Mac, indexes locally, and redacts client identifiers on-device before any cloud call. Use GPT-5, Claude, or Gemini without the data risk.

AI tools for suitability memos, plans, and client letters

Drop a client's fact-finder, prior plan, and statements into a per-client Super Brain. Get drafts grounded in the file with paragraph-level citations. Names, account numbers, and SSNs are redacted before the cloud call.

Alternatives to meeting-note tools like Jump AI

Jump AI records meetings. Elephas reasons across the documents around them: years of plans, statements, and prior letters. Drop your meeting notes into the same Super Brain and the context lives together.

Built for SEC-regulated work

Elephas is not a registered investment adviser and is not certified for any specific SEC, FINRA, or state requirement. What it gives you are three controls that make AI usage easier to defend: local indexing, on-device redaction, and a full offline mode.

How Elephas works with your client files

Indexing stays on your Mac. Redaction runs on-device. You choose whether inference happens locally, through the zero-retention proxy, or on your firm's own API keys.

1

Drop your client files into a Super Brain

Create a Super Brain per client, household, or book segment. Add plans, statements, fact-finder notes, prior letters, and templates. Indexed entirely on your Mac.

2

Elephas indexes locally and redacts on-device

Client names, account numbers, SSNs, and other structured identifiers are replaced with placeholder tokens before anything reaches a cloud model. Your full documents stay on your device.

3

Pick the mode that fits the task

Run offline for high-sensitivity client work, use cloud AI through the zero-retention proxy for general drafting and research, or bring your firm's own API key to take the proxy out of the data path entirely.

Elephas data flow diagram: local indexing on your Mac, optional cloud AI with only relevant excerpts, on-device redaction before cloud processing

Three ways to run AI. You pick the mode for the task.

Indexing is always local. Inference is your choice, per Super Brain.

Offline AI

Local model on your Mac

Use a local model via Ollama. Both indexing and inference stay on your device. Nothing leaves your Mac.

When to use it

High-net-worth client files, sensitive estate matters, anything your firm policy requires to stay on the device.

Cloud via zero-retention proxy

Default cloud mode

Requests route through an Elephas reverse proxy to providers configured with zero data retention. Providers do not log, store, or train on the content. Smart Redaction anonymizes common personal information on-device before the request is sent.

When to use it

Drafting client letters, summarizing meetings, regulatory research, and analysis where redaction-first processing fits the task.

Bring Your Own Key

Your firm's AI account

Connect your firm's OpenAI, Anthropic, or Google API key. Requests go straight from your Mac to the provider with no intermediary. Retention follows the policy on your own account.

When to use it

Firms with existing enterprise terms, or advisors who want to remove the Elephas proxy from the data path entirely.

Smart Redaction

Protection before processing, for client work

When you use cloud AI, Smart Redaction scans outgoing queries and retrieved passages on your Mac and replaces common personal information with placeholder tokens before anything reaches the provider.

Coverage is strongest when sensitive details are common personal information or structured identifiers with clear patterns or labels. It is designed to reduce exposure, not to guarantee complete detection. For the most sensitive client work, pair it with offline mode.

Read the full coverage and caveats

What's covered for advisor work

  • Client names, contacts, and addresses
  • SSNs, tax IDs, and other personal identifiers
  • Account numbers from brokerage statements when labeled
  • Household member names in plans and trusts
  • Links to custodial portals and CRM systems

Honest note: pattern matching catches common, structured identifiers. It does not guarantee every sensitive sentence in free-form narrative will be redacted. For the most sensitive client work, run offline.

What it looks like in practice

Four workflows advisors run in Elephas every week.

Draft a suitability memo from the client's actual file

Load the fact-finder, prior plan, and statements into a Super Brain. Elephas drafts with paragraph-level citations back to your own files. Identifiers are redacted before the cloud call.

Summarize five years of meeting recaps before a review

Drop the recaps and prior plans into the client's Super Brain. Ask for changes in stated goals, prior recommendations, and open items the client raised.

Find the right clause across a household's estate documents

Ask in plain English: "Which trust grants discretion over distributions to the grandchildren?" Elephas searches the local index and cites the page.

Draft a personalized client letter that sounds like you

Load your past letters as a tone reference. Elephas drafts a new one that matches your voice and cites the specific items from the current quarter that you want to mention.

Elephas vs Jump AI, ChatGPT, and Microsoft Copilot

Different tools for different parts of advisor workflow. Here is what fits where.

Elephas Jump AI ChatGPT (consumer) Microsoft Copilot
Primary focus Document drafting, review, client research Meeting recordings and notes General-purpose chat Office document automation
Mac-native app Yes Web Web and desktop Limited
Redacts client data before sending to cloud LLM Yes, on-device No No No
Works fully offline with a local model Yes No No No
Bring your own OpenAI or Anthropic key Yes No N/A No

Comparison reflects published feature sets as of 2026. Use a meeting tool for meetings. Use Elephas for the documents around them.

Not another chatbot

Generic AI tools were built for open prompts on the open web. Your client work is neither.

Generic AI chat

  • × Consumer prompts may be used to train future models.
  • × No ground truth. The model invents a number, and you have to catch it.
  • × Cannot see the client's actual file. You paste excerpts and lose context.

Elephas

  • Default cloud requests route to providers with zero data retention. No training on your content.
  • Answers cite the paragraph from the client's own file, so you can verify in one click.
  • Indexed locally. Elephas works against your client files without uploading them.

Questions advisors ask before they install

Straight answers, with links to the underlying docs.

  • Consumer ChatGPT may use your inputs to improve future models, and that creates exposure when the input is a client portfolio or account information. Elephas routes cloud requests through a zero-retention proxy and runs Smart Redaction on your Mac first, so names, account numbers, and other common identifiers are stripped before anything reaches OpenAI, Anthropic, or Google. For book-of-business work where you cannot risk any external logging, run a local model and nothing leaves the device.
  • Elephas gives you three controls that map to advisor confidentiality and recordkeeping obligations: indexing stays on your Mac, Smart Redaction anonymizes common personal information on-device before any cloud call, and you can run a local model entirely offline. Elephas is not a registered investment adviser, does not provide legal advice, and is not certified for any specific SEC, FINRA, or state requirement. If your firm needs to evaluate this for compliance, email support@elephas.app and we will walk through the data flow with you.
  • Different category. Jump AI is a meeting-note assistant that records advisor-client meetings and generates summaries and follow-ups. Elephas is a private knowledge workspace for the document side of the practice: suitability memos, planning summaries, client letters, prior-meeting recap reviews, and research across your own files. You can run both.
  • No. Your files and the search index live on your Mac. Elephas does not store your document content, search index, or chat history on its own servers. When you use cloud AI, only the question text and the short excerpts needed to answer it are sent. Your full documents stay on your device.
  • Yes. Bring Your Own Key sends requests directly from your Mac to the provider using your own API account, so retention follows the policy on that account. This removes the Elephas proxy from the data path entirely. Configure it in Settings under AI Provider.

Client work deserves a better default

Use AI on advisor work with more control and less exposure

Local-first indexing, on-device redaction, and a zero-retention proxy by default. Pick the mode that fits the client.

Doing formal vendor review for your firm? Contact us.