A lot of recent startups are being built around wealth/portfolio management such as Robinhood, Stash, Acorns etc. However, most of these startups are apps targeted towards mass market. To the financial advisors/PWM folk on WSO, what softwares/apps do your clients use to manage their wealth?
I'm interested because I'm exploring the idea of creating a "Robinhood for HNW individuals" where HNW individuals can manage their net worth from one single application that links with all of their assets. There are obvious complexities to creating this, but I'm curious as to if there is already a product for this. From my perspective, the problem is obvious for wealthy people to manage their net worth while their assets are fragmented across various accounts. Would love to hear the thoughts of any financial advisors!
@thebrofessor @sfbroker @dm100