There are 118 million households in the US with investable assets, but 108 million of them have under $500,000 and almost 100 million have less than $100,000. The reality of these statistics is most people don't have sufficient assets to make a traditional relationship with a human advisor economically viable. It's either too expensive for the consumer or not profitable enough for the advisor.
On the other hand, most of the self-service platforms are exactly that. They aren't able to offer real financial planning and guidance from experienced, qualified professionals to people at lower asset levels.
The result is there are almost 100 million US families with no real place to turn for help, and this is the problem Wealthminder was created to solve. We want to enable dedicated, highly-trained professional financial advisors to make quality financial advice available to all Americans at fair, transparent prices.
Our unique software solution helps consumers and financial advisors to quickly and easily connect to address both situational and comprehensive financial planning needs. By streamlining the process of both finding and working together with an advisor, we are able to bring the costs down for not just the consumer, but the advisor, thereby enabling the relationship to work for both parties.
