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Announced

Broadhaven invested in Wealth Technologies.

Synopsis

Wealth Technologies Inc. , the leading provider of algorithmic financial planning and advice, announced that Broadhaven has made an investment in the company. Financial terms were not disclosed. “WealthTech has made conceptual breakthroughs in providing financial advice to large, diverse segments of the population,” said Greg Phillips, Co-Founder of Broadhaven and WealthTech investor. “Their highly experienced and accomplished team has developed intelligent, algorithmic solutions that address both the scalability and economics of the business model that could profoundly impact how personal financial services will be delivered in the future.” Since its founding in 2016, WealthTech has developed the technology to generate professional financial planning and advice for individuals regardless of their level of wealth, and solutions to deliver this advice in a timely manner through both mobile applications and human-advised businesses. WealthTech’s flagship product Financial Goal Positioning System™, is a comprehensive system that generates turn-by-turn advice and decision support with respect to cash flow, asset allocation, and investment risk, all in the context of financial goals.

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