Findawealthmanager.com secures £500,000 from angel investors
Summary
findaWEALTHMANAGER.com, an online ‘dating’ service that matches affluent individuals with wealth managers, has secured £500,000 from angel investors to finance its continuing development and business expansion. The new investment will be used to meet recruitment costs, for enhancements to the service and user experience, increased marketing and for launching findaWEALTHMANAGER.com in the thriving Asian wealth management hub of Singapore. Based on analysis of user information, the algorithm selects a maximum of three best-matched wealth managers, who will then contact the prospective client and provide a free, no-obligation consultation on their investment management/financial planning needs. “Our service is revolutionising the way high net worth individuals find the best-matched institutions for their needs - forming an important part of the increasing digitisation and embracing of technology[i] in what is often thought of as a very traditional relationship business.” It is not just investors who are benefiting from findaWEALTHMANAGER.com. A recent survey of findaWEALTHMANAGER.com’s users found that high-profile advertising and sponsorships would do absolutely nothing to attract 61% of affluent investors to a wealth manager, underscoring the appeal of a more objective route in today’s consumer-savvy times.
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