5 FinTechs boosting Wealth Management in the USA

By Gloria Mathias

Economies of profit and loss have repeatedly emphasized the importance of saving, investing and managing wealth. Given the ever-growing importance of creating wealth, it is essential to be aware of how to manage wealth.

Due to evolving FinTechs, the masses are better equipped to make informed financial investment decisions and be aware of the trends within the wealth allocation and management industry.

The wealth management and private banking industry is characterized by changing demographics of advisors and investors, new asset classes, evolving business models, regulatory mandates, and intense competition. IBS Intelligence offers a broad spectrum of insights into the industry, ranging from thought leadership and consulting engagements to in-depth coverage of 30+ technology vendor profiles, their clients, and their implementation experiences.

Below are 5 FinTech platforms that help make financial investments seamless in the United States:

• Monarch

Monarch is an all-in-one platform that integrates everything you need to optimize your finances. It syncs with multiple financial data aggregators, uses AI to clean your transactions, and gets smarter over time. FinTech brings all of the economic data into one place and makes it easy to find precisely what you’re looking for.

• Origin

Origin is a comprehensive money management platform for the modern workforce. It is an integrated solution that helps the entire company manage compensation, benefits, and personal finances in a single place, side by side with financial professionals.

• pocketnest

Pocketnest exists to bring financial wellness to the masses. The white-labelled platform and mobile app coach millennials and Gen-Xers through all 10 themes of financial wellness. The company licenses its software to financial institutions and employers, helping them connect with a younger audience and grow their businesses more deeply. Built on behavioural science and psychology, Pocketnest helps users set meaningful goals, understand the psychological reasoning behind each goal, and map a pathway to achieve them all by creating deeper connections to their trusted financial institution.

• Range

Range is an all-in-one wealth management dashboard and expert advisory service. It empowers high-income earners to get the most out of their money with investment services, retirement planning, estate planning, tax planning, insurance optimization, and more.

• Tifin

TIFIN is an AI platform for wealth. TIFIN creates and operates companies that apply data science, AI, and technology to address frictions in wealth and asset management. Founded by Dr. Vinay Nair, TIFIN creates and operates new companies that apply data science, AI, and technology to address frictions in wealth and asset management.