I believe there is a massive opportunity to build a startup that helps retirees manage both health and wealth. About 10,000 Americans turn 65 every day. Most enter this critical period of their lives with fear and uncertainty, and more often than not, piecemeal guidance that covers just healthcare or financial decumulation. Moreover, many companies…
Category: Wealthtech
The Robo-Advisor Escape Velocity Conundrum
Escape Velocity for a Mass Affluent Wealthtech Startup The robo-advisory industry has massive market potential, which is measured in the trillions in assets under management (AUM) in the United States alone. However, few tech startups will make it to the threshold I refer to as “escape velocity,” that is, building a large, independent company with…