Wealth42 has blended optimization sciences with personal finance to help people make decisions towards their goals.
Wealth42 is a customizable AI platform for financial product sales. **It leverages a proprietary **MINT Science technology, an Optimization Engine specialized to manage cash flow scenarios. It efficiently aligns client goals with financial products like mutual funds, ETFs, time-horizon model portfolios, term life insurance, endowment plans, loans, deposits, Pensions, etc.
<aside> 💡 Existing financial calculators are practically unusable. They cannot consider individual cashflow constraints and do not interconnect well. Therefore, they cannot provide practical recommendations for executable transactions.
For example, when using a loan amortization calculator and an SIP calculator, it is very time-consuming to devise a plan to afford a house and a car concurrently, given a fixed monthly surplus. One would have to plan for the SIPs for down-payments and then EMI calculators for the loans that would follow, and then to integrate them across the timelines of purchasing the house and car into a combined cashflow. SIP calculators don’t answer the question of required asset allocations too.
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Often, one needs to rely on spreadsheets to interconnect cash flows. However, optimizing across a vast universe of cash flow constraints of various products is infeasible on a generic spreadsheet application.
Wealth42 AI platform can be leveraged to generate actionable recommendations within seconds. and strictly adhere to constraints (or Advisory policy) configured (at least) at the institutional level.
A qualified financial planning engine should meet all of the following –
**MINT, not overloaded income assessment**