Wealth Management with Kristal.AI

Latest in the lineup of job titles destined for eventual irrelevance is that of the investment manager. Although generally a specialized (and well-paid) role, Kristal.AI’s robo-advisory and portfolio management platform has effectively digitized the process, and could give any wealth manager a run for their money. 
Kristal.AI’s platform offers a range of ‘Kristals’–portfolios of financial products curated by experts in the financial sector–for users to choose from. Along with a list of the specific assets included in the Kristal, the app provides various metrics and performance indicators along with easy-to-use buy and sell functions. 
Unlike many other portfolio management products in the fintech space, Kristal’s uniqueness lies in its goal-based advisory algorithm, which comes into play when buying a portfolio. Goal types include asset preservation, income, or mortgage. The platform also offers users the opportunity to set up recurring purchases of a given Kristal, accumulating units of the portfolio in the manner of a retirement fund. 
For those who believe that imitation is the sincerest form of flattery, Kristal’s in-house advisors have put together baskets based on portfolios of well-known, successful investors like Charles Akre. By studying his U.S. Securities and Exchange Commission (SEC) filings, the team recreated his portfolio, maintaining the weightage of shares in each company while shrinking the investment. This and other ‘Guru’ portfolios are rebalanced every quarter after a new SEC filings release.
Upon downloading the app, users are prompted to complete the Know Your Customer (KYC) process, which includes personal details, identification proof, and an in-person verification–or a 30-second video of one’s face. Combining the investing goal with personal data, the platform can assign a sophistication score to users’ investment capabilities. This function has the dual effect of making investment less daunting for amateurs and restricting access to more complex portfolios to prevent unwise or overconfident investing. 
Currently headquartered in Singapore, Kristal.AI’s clients are spread across 22 countries globally, making it possible for more and more people in the AI generation to achieve their financial goals with confidence. –NB
kristal.ai 

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

5 Essential Tricks to Master Microsoft Excel

5 Essential Tricks to Master Microsoft Excel

Microsoft Excel (MS Excel) is a must-have for any business. It is a powerful spreadsheet software application that allows users to store, organize and analyze data. While Excel is fairly easy to use, it can be tricky to become an expert. Don’t know where to start? We have compiled a list of easy-to-follow hacks that will help you become a pro at Excel!

Top Three Weirdest Mobile Game Advertisements

Top Three Weirdest Mobile Game Advertisements

Whether on YouTube or Instagram, I’m sure you all must have seen at least one mobile game advertisement. One common trope with today’s mobile game advertisements is that they tend to mislead their audience.
You might have come across these weird ads while scrolling through social media: In the ad for the strategy game “Game of Sultans”, a sultan is fat-shaming his daughter; in the match-three puzzle game “Lily’s Garden” ad, women use washing machines as vibrators.

The Maximalist Fashion Trend Where Did It Come From and Where Is It Going

The Maximalist Fashion Trend: Where Did It Come From and Where Is It Going?

If you Google “maximalist fashion”, you will be swamped with dressing guides dedicated to this “the more, the better” trend published by leading fashion magazines in 2022. Rapidly gaining popularity in the last couple of years, maximalist styles are breaking out of the runway of an Haute Couture fashion show, a red carpet event or a K-pop performance to conquer streets in high fashion neighborhoods.

How Is Technology Influencing the Food and Beverage Industry

How Is Technology Influencing the Food and Beverages Industry?

Food waste, sustainability and animal cruelty are some of the biggest challenges facing the food and beverage (F&B) industry nowadays. Like any other sector, the industry is dipping its toe into technology and innovations to seek solutions. While we are already seeing more food tech solutions in our everyday lives, like plant-based meat alternatives and food waste management startups.

3 Innovations for a Cleaner Environment You Never Heard Of

3 Innovations for a Cleaner Environment You Never Heard Of

Innovation in clean energy, sustainable infrastructure and eco-friendly solutions to environmental hazards are the need of the hour. The burden on the world’s natural recourses is immense, and it is high time we focus on renewability and diversification. While we are only scratching the tip of the iceberg, here are three innovations working to create an environment-friendly future.