Wealthbit: Helping Financial advisors scale their revenue and their businesses

Wealthbit hosted their first Scale-Up Event where they hosted some of the most influential financial advisors in the industry to share their experiences in how using technology to combine an advisor’s sales and advice process will help them grow their business, revenue, and client experience.

They also hosted a panel discussion exploring what the future of the financial advice industry will look like.

Their speakers included Warren Ingram from Galileo Capital, Alex Cook from GCI, and Tim Rogers also from GCI.
Warren is an award-winning wealth manager, best-selling author, public speaker, entrepreneur, host of the Honest Money Podcast, and sought-after personal finance expert.

Alex Cook is the Founder and CEO of the GCI Wealth management group, Non-Executive Director of Cinnebar, and Founder of Wealthbit.

Tim Rogers, a GCI wealth manager who doubled his revenue in 2 years and reached a close rate of 73% by leveraging the Wealthbit platform to plan for his clients.

Warren Ingram started his session by noting “…It’s important for me to point out that I do not have an affiliation with Wealthbit and I’m not benefitting financially from being here. My intention is slightly selfish…I want them to be around for a long time because there is no other system that does what Wealthbit does, and as they get more clients, they’ll stay around, and I’ll get to keep using the platform.

Here are some key takeaways from the event.

1. “Generating more revenue is great, but more than that, finding a sustainable way to move forward in your career and still having the time for important things in life like family time is better”
2. “Conversations about clients’ goals and dreams are more important than conversations about investment products”
3. “The Future is Hybrid, technology should and will do the heavy lifting when it comes to the menial administrative tasks, but the element of a human relationship will always be the key. By using technology, we can free up more time to be able to give our clients more face-to-face (or virtual) time with us”

Wealthbit is a World-First financial planning tool that promotes and simplifies the co-creation of a client's financial plan. It helps clients to take ownership of their finances and fosters an engaging, transparent trust relationship between financial advisors and their clients

“People achieve better results when they are coached and collaborate with their financial advisor, that’s why we did not build a Robo Advice platform. Wealthbit is a hybrid platform, the power of Robo Advice in every advisor’s hands” says Alex Cook.

By using Wealthbit, Advisors are able to scale their businesses without breaking a sweat, and individuals have the insight and understanding they need to take control of their financial future.

It’s clear that Wealthbit, although a financial planning platform, is thinking differently about the industry.

“We’re big dreamers, and we’re going to the moon with this one.” Says Wealthbit’s Arrie, Head of Product. “We’re envisioning a future, where financial planners everywhere, globally, are using Wealthbit to collaborate on financial plans with their clients.”

“We’re going to see a world where people have access to high-quality financial advice, at an affordable rate. We’re building a world, where people can live confidently and build a future they can look forward to.”

It’s worth keeping an eye on Wealthbit as they are positioned to disrupt the future of the financial advice industry forever, taking advisors and individual investors on the journey with them.