WALLACE UNDERSTUDY · THE ADVISOR DIGITAL TWIN
Your judgment doesn't transfer. Your understudy does.
Wallace Understudy builds a digital twin of how you run the firm, validated against what you really do. One living system, three jobs: training, continuity, and succession.
From $199 per advisor per month. 14-day free trial.
Works with any vendor; your files never leave your computer.
A JUNIOR ADVISOR ASKS THE UNDERSTUDY
A client wants to move fully to cash after a 10% drawdown. How does Sarah handle this?
Sarah doesn't go fully to cash on a drawdown under 15%. Her rule: reduce equity by one risk band, revisit at the next scheduled review, and send the 'staying the course' note.
Signed rule 12 · from 6 yrs of history · high confidence
And her policy on private credit allocations?
Not covered. This topic isn't in the signed manual, so I won't guess. I've flagged it for Sarah to fill.
ADHERENCE TO YOUR RULES
94%
last 6 months, replayed
ILLUSTRATIVE
THE PROBLEM
The methodology that built your firm lives in one head.
Every hard question routes back to the same person. That caps how fast you grow today, and it's what walks out the door tomorrow.
✓
Your team can copy the process. Not the judgment behind it.
✓
Clients don't drift because the numbers changed. They drift because the thinking did.
✓
61% of RIA principals describe their own advisor training as lightly structured or ad hoc.
Source: DeVoe & Company, 2025 Talent & Growth Report.
HOW IT WORKS
Capture. Codify. Continue.
Three steps. One advisor's judgment becomes a digital twin where
your whole team can ask anything.
1
Capture, on device
Drag in exports you already have: client lists, transactions, emails, notes. The reading happens on your own computer. Only the de-identified pattern leaves, never a name or an account number.
2
Codify the judgment
A short interview fills what the files can't explain. Where your documents and your answers disagree, you decide. The output is living manual: every rule, its source, and a confidence level.
3
Continuity, built in
Your team today, your successor someday: a chat that answers only from your rules, says 'not covered' rather than guess, and routes every gap back to you. A weekly digest keeps it current.
THE DIFFERENTIATOR
Validated, not assumed.
Anyone can write down what they think they do. Wallace replays your last six months against your own signed rules, grades adherence, and keeps watching for drift.
The honest question: did the rule change, or did you slip?
94%
ADHERENCE
Last 6 months, replayed
43 households, 1,180 decisions checked against your signed manual.
ILLUSTRATIVE
✓
Rebalanced at your 5% drift band on 41 of 43 accounts. Followed.
!
Two accounts held past your tax-loss window. Did the rule change, or did you slip?
✓
Annual review cadence held for 96% of households.
+
New pattern: cash-heavy clients contacted during volatility. Not in your signed manual yet.
SEE IT IN ACTION
Your team asks. The understudy answers, from your rules.
Only from your living playbook. When it doesn't know, it says so.
A JUNIOR ADVISOR ASKS
New client, $2M, mostly concentrated in one stock. How does Sarah approach the first year?
Sarah doesn't unwind concentration in year one. Her rule: build the plan first, set a gain budget at the second review, and only then start trimming. She wants the client to understand the tax cost before a single share moves.
Signed rule 27 · observed on 9 of 11 concentrated positions · high confidence
Which review does the gain budget get set in?
The second scheduled review, and never the intro meeting. Sarah's note on rule 27: 'They have to see the plan before they'll accept the tax bill.'
A SUCCESSOR ASKS
The Harrisons want to move fully to cash after a 10% drawdown. How did Sarah handle this?
Sarah never went fully to cash on a drawdown under 15%. Her rule: reduce equity by one risk band, revisit at the next scheduled review, and send the 'staying the course' note.
Signed rule 12 · from 6 yrs of history · high confidence
Anything I should know about this household specifically?
Yes. Sarah flagged the Harrisons as call-first, never email, on anything market-related. That came from her notes, not from a pattern in the data.
GETTING STARTED
Give us your last six months.
We'll show you where you followed your own rules and where you drifted. Nothing leaves your machine but the pattern.
01
Start your free trial
Try it free for 14 days, no card required. Drop in any documents; sensitive files are only read on your own device.
02
Run your last six months
See exactly where the practice followed its own stated process, and where it drifted, with an adherence score.
03
Put it in front of your team
Every junior, associate, and eventual successor works from the same living rules.
PRIVACY BY DESIGN
Your files never leave your computer. Only the pattern does.
The reading happens on your own machine. What leaves is de-identified, never a name or an account number. The most privacy-anxious person in the building can use it without flinching.
Read our data and AI practicesSTART YOUR FREE TRIAL
Let's run yours.
Tell us about your firm and we'll set up your trial: the understudy built on your own data, and the validation run against your real six months. We'll follow up within one business day.
Prefer email? matt@wallacefinance.io
The judgment shouldn't live in one head.
Your team runs on it today. It's there when you step back.
MORE WAYS TO USE WALLACE
Wallace Terminal
The plain-English terminal for independent advisors: direct indexing, tax-loss harvesting, tax-aware transitions, client-ready reports, and more connected to your custodian. A stand-alone platform from Wallace Finance; Understudy does not require it.
See Wallace Terminal at wallacefinance.io