Executives from technology vendors and wealth management firms discuss the future of the industry.
Technology is forcing change on all aspects of life, and the financial services industry is no exception. WealthManagement.com assembled some of the top executives from major technology vendors, custodians and registered investment advisors to discuss these issues and more at the the 2017 Wealth Management.com Executive Forum.
InvestmentPOD is one of only six companies named a finalist by wealthmanagement.com in the category for Disruptive Technology!
About the Event:
Now in its 3rd year, the 2017 Executive Forum and Industry Awards recognize the companies and organizations that support financial advisor success. It has as been expanded to include an afternoon program filled with keynote speakers, CEO panel discussions and breakout sessions covering prevalent issues around technology, asset management, broker/dealers and marketing — followed by our evening industry awards gala. Over 350 professionals attended the galas in 2016.
By recognizing outstanding achievement in the industry, the WealthManagement.com Industry awards will continue to inspire innovation and leadership among industry participants., creating an environment that will enable the industry to better support advisors in their roles as leaders to their clients and communities.
What does your firm do/offer within the fintech sector?InvestmentPOD is the industry’s first digital advice platform to offer multi-strategies, by providing a revolutionary approach for professional financial advisors to offer their clients sophisticated, customizable portfolios, along with enhanced trading and rebalancing capabilities. Unlike traditional “robo” investing platforms that only provide passive options, InvestmentPOD’s sophisticated investing algorithms provide multi-strategy and asset diversification, all while lowering trading costs.
Previously, this type of sophisticated approach was only available through a portfolio of hedge funds; however, hedge funds have shown to be an expensive and inefficient way to achieve these investing goals. Now, through the vast liquidity and global availability of ETFs, combined with InvestmentPOD’s advanced and sophisticated algorithms, advisors can enjoy the benefits of diversification, automation and lowered costs to take their firms to the next level.
One of the common knocks on the automated investing services is that they can only offer a simplistic buy-and-hold strategy that can’t produce alpha or defend against a market downturn the way a traditional advisor can.
It’s a fair criticism, says Jacqueline Matthews, a former Goldman Sachs investment banker who helped spearhead the firm's Asia Pacific business. Passive investing has major peak-to-trough losses that can devastate retirement portfolios, but most people cannot afford the other strategies that HNW advisors and family offices use to safeguard assets.
“The universal problem is everyone is trying to create a portfolio that stands the test of time and weathers the storm through all sorts of cycles,” Matthews told WealthManagement.com. So to create something that can work for investors big and small, Matthews launched a new robo advisor that combines passive, opportunistic and defensive – POD for short – strategies.
Up against robo advice platforms, advisers need to tap into tools from the investment banking world, says one ex-Goldman Sachs executive.
Launching her own white labeled platform for RIAs, Jacqueline Ko Matthews says that multi-strategy management allows advisers to distinguish themselves from automated passive, buy-and-hold offerings.
"We are digitizing the multistrategy approach," says Ko, CEO and founder of the newly launched InvestmentPOD. "We're taking what I used to do for UHNW clients. Wealthy people have always known you have to diversify across strategies."
The platform will offer 10 different strategies for advisers, with the option to create custom strategies, Ko says. The platform is ideal for advisers with $100 million in AUM, she says, though they can work with quick-growing practices too.
InvestmentPOD, a Washington, D.C.,-based robo advice provider for advisers, has launched a white-labeled version of its multi-strategy product that RIAs can offer to clients as their own.
InvestmentPOD for Advisors, as the service is known, is a multi-strategy and multi-asset-class approach to algorithmic advice, the company said in a release. Unlike other robo platforms that provide passive, long-only approaches, InvestmentPOD's algorithms are designed to deliver alternative, hedge-fund-like strategies through low-cost exchange-traded funds, the company said.
"Passive, buy-and-hold strategies have resulted in significant losses over market cycles," said Jacqueline Ko Matthews, CEO and co-founder of InvestmentPOD. "Research shows that combining opportunistic and defensive strategies to complement a passive portfolio generates equal or higher returns with less risk."
InvestmentPOD for Advisors, the industry’s first digital advice platform to offer multi-strategies, announced today the official launch of its white-labeled automated investing platform for independent Registered Investment Advisors (RIAs).
InvestmentPOD provides a revolutionary approach for advisors to offer their clients sophisticated investing strategies, customizable portfolios, and enhanced trading and rebalancing capabilities. Unlike traditional “robo” investing platforms that only provide passive options, InvestmentPOD’s sophisticated investing algorithms provide multi-strategy and asset diversification, all while lowering trading costs.
“History has proven that passive, buy and hold investing strategies have resulted in significant losses over market cycles,” said Jacqueline Ko Matthews, a former Goldman Sachs investment banker, wealth manager and now the CEO and co-founder of InvestmentPOD.
“With significant experience in investment banking, Ko Matthews has developed one of the most disruptive asset management platforms for institutional customers, brokers and insurance companies. Her company Investment PoD was a finalist in the 2016 BBVA Open Talent.”
InvestmentPOD is one of only twelve companies invited to exhibit & demo at TechCrunch’s legendary MeetUp & Pitch-Off – which came to D.C. on Tuesday, February 21, 2017.
About the Event:
TechCrunch’s legendary meetup + pitch-off event is coming to D.C.!
So join us for good conversation and a battle to the death as these select entrepreneurs try to dazzle and excite the judges in under sixty seconds.
And whether you’re an investor, entrepreneur, dreamer or tech enthusiast, we want to see you at the event so we can hear your thoughts.
Come one, come all. It’s sure to be a night to remember.
As the largest gathering of the advisor technology community outside Joel Bruckenstein’s T3 conferences, TD Ameritrade’s “Veo Village” featured the latest and greatest in advisor tech in 2017.
Held in early February at the TDA LINC conference in San Diego, Veo Village features the best of the 115 technology vendors who have integrated their systems and software with TDAI’s innovative Veo advisor workstation.