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With the help of investing apps and FinTech tools, modern-day users can easily buy or sell stocks, manage their portfolios, and obtain investment analytics. These technological advancements have democratized access to financial markets, empowering individuals to take control of their investments without relying solely on traditional brokerage firms.
Moreover, these platforms often provide educational resources and real-time market data, enabling users to make informed decisions about their financial future. As a result, the landscape of investing has undergone a significant transformation, with more people engaging in the stock market and exploring various investment opportunities than ever before.
Today, 5 of the top investment tools are poised to revolutionize the way individuals approach investing in 2024. These tools leverage cutting-edge technology to offer unparalleled convenience, accessibility, and insight for both novice and seasoned investors alike.
FINQ
FINQ is an AI-powered investment platform for everyone, where big data and science replace the biased human intermediary. Traditional investment processes can be overwhelming, involving extensive research, reliance on fund managers, and navigating through brokers. This complexity often deters many individuals from investing or leads them to rely on costly and often biased intermediaries, ultimately hindering their financial goals. FINQ, however, revolutionizes this landscape by harnessing the power of big data and cutting-edge AI technology.
FINQ offers 100% objective, practical, and continuous investment insights, scanning the entire market of financial products, and creating a financial profile for every risk level. With FINQ, individuals are empowered to make informed decisions with confidence and gain access to stock portfolios that consistently outperform the market. What’s more, these portfolios are tailored to different investment strategies, whether it's long-term, short-term, or a combination of both.
Fidelity
Fidelity aims to make financial expertise broadly accessible and effective in helping people live the lives they want. They achieve this by focusing on a diverse set of customers: from 23 million individuals investing their life savings to 20,000 businesses managing their employee benefits, to 10,000 advisors needing innovative technology to invest their clients’ money.
Fidelity’s approach is known for being innovative yet personal, compassionate yet responsible, and grounded by a tireless work ethic. Moreover, Fidelity’s secure and easy-to-use award-winning app gives users access to a broad choice of investments, expert insights, and investing tools—helping them make smart decisions with their money.
Wealthfront
Wealthfront offers a seamless integration of investment and savings products tailored to assist young professionals in building enduring wealth regardless of market conditions. Leveraging sophisticated software, the company provides high-yield savings options through partner banks, a well-diversified portfolio comprising ETFs and bond ETFs, commission-free stock investing, and affordable loan solutions.
With Wealthfront's automated investing feature, users are simply required to answer a few questions, following which a personalized portfolio of low-cost index funds spanning up to 17 global asset classes is curated for them. The software handles all trading, rebalancing, and other operational tasks, streamlining the investment process and contributing to the sustained growth of users' wealth.
SoFi
SoFi is driven by a mission to empower its members to achieve financial well-being. The company is committed to developing cutting-edge financial products and services that enhance people's ability to borrow, save, spend, invest, and protect their money more efficiently, whether it entails homeownership, retirement savings, student loan repayment, or other financial goals.
SoFi stands out as a distinct finance company with a singular goal: to help individuals achieve financial stability. Their products are designed with their members in mind, ensuring they have the necessary tools to take charge of their financial futures.
Acorns
Acorns redefines how ordinary consumers save and invest for the long term. With Acorns, individuals have collectively invested over $19 billion, with much of it originating from spare change. By democratizing wealth-building tools, Acorns has emerged as the largest subscription service in U.S. consumer finance, catering to over 10 million everyday Americans.
Their offerings include automated investing in diversified portfolios, a straightforward retirement product, a banking solution that encourages saving, and bonus investments from over 20,000 brands. Additionally, users can easily invest in their children's future and stay informed with relevant financial news, all conveniently accessible within the same app.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Seth Perlman Global Head of Product at i2c Inc.
18 November
Dmytro Spilka Director and Founder at Solvid, Coinprompter
15 November
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
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