# Nitrogen (formerly Riskalyze)

> Nitrogen, formerly Riskalyze, is an Auburn, California wealth-management software company that helps financial advisors grow their firms. It invented the Risk Number, a way to quantify an investor's risk tolerance and align it with their portfolio, and has expanded into a connected suite covering proposal generation, investment research, financial planning, client engagement, compliance and AI-assisted advisor workflows. More than five million investors have received a Risk Number, and the platform snaps into the gap between a firm's marketing, CRM and asset platforms to create a consistent client experience.

- **Founded:** 2011
- **Headquarters:** Auburn, California, United States
- **Founders:** Aaron Klein (Co-founder & former CEO (2011-2023), now Board member & strategic advisor), Mike McDaniel (Co-founder & Chief Investment Officer), Matt Pistone (Co-founder & Chief Technology Officer)
- **Team size:** ~250 employees
- **Products:** Risk Number / Risk Center, Proposal Generation, Investment Research, Financial Planning, AI Meeting Center
- **Notable:** Invented the Risk Number, a category-defining metric adopted across wealth management., More than 5 million investors have received a Risk Number., Over $50 million invested in R&D since inception.

## Products & services

- **Risk Number / Risk Center** — The company's flagship - a quantitative measure of an investor's risk tolerance and portfolio risk, built on a Nobel Prize-winning academic framework, used to align clients with suitable portfolios.
- **Proposal Generation** — A repeatable, standardized proposal workflow that sets expectations and engages prospects and clients while documenting fiduciary suitability.
- **Investment Research** — Research tooling for analyzing securities, models and portfolios, expanded with AI-powered features in 2024-2025.
- **Financial Planning** — Integrated planning module launched alongside investment research and risk alignment for a single client workflow.
- **AI Meeting Center** — AI tool that handles meeting administration and notes so advisors can focus on higher-value client conversations.
- **AI Tax Center** — AI-assisted tool introduced in the Fall 2025 release to guide tax-planning conversations.
- **Nitrogen Risk Engine** — APIs exposing the proprietary Risk Number and portfolio analytics to banks, wealth enterprises and tech-savvy financial institutions.

## Achievements

- Invented the Risk Number, a category-defining metric adopted across wealth management.
- More than 5 million investors have received a Risk Number.
- Over $50 million invested in R&D since inception.
- Consistently ranked among the most popular portfolio-risk and risk-tolerance tools used by RIAs.
- Successfully rebranded from Riskalyze to Nitrogen in 2023 while retaining brand equity in the Risk Number.

## Latest updates

- **2025-09** — Announced a direct integration with Broadridge's Wealth Aggregation and Insights, automating daily account data feeds into Nitrogen.
- **2025-08** — Unveiled the AI Meeting Center and delivered free upgrades to advisors using its investment research and proposal generation products.
- **2025-03** — Introduced the Nitrogen Risk Engine, opening its Risk Number and portfolio analytics APIs to financial institutions and wealth enterprises.
- **2024-07** — Simultaneously launched integrated products for financial planning, investment research and risk alignment.
- **2023-12** — Dan Zitting began as CEO, succeeding co-founder Aaron Klein, who moved to the board.
- **2023-05** — Rebranded from Riskalyze to Nitrogen, repositioning as a growth platform for advisory firms.

## Links

- Website: https://nitrogenwealth.com
- LinkedIn: https://www.linkedin.com/company/nitrogenwealth
- Twitter/X: https://twitter.com/NitrogenWealth
- YouTube: https://www.youtube.com/@NitrogenWealth
- Facebook: https://www.facebook.com/nitrogenwealth

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Profile page: https://yespress.io/nitrogen
Published by YesPress — https://yespress.io
Last updated: 2026-07-18