Bonsai with Robert DeChellis | E384
Bringing asset liability matching to financial planning
In this episode of FinTech Impact, host Jason Pereira interviews Robert DeChellis, CEO of Bonsai, a pioneering financial planning tool designed to bring institutional asset liability management (ALM) strategies to retail investors. Robert discusses how Bonsai helps advisors plan for client retirements by considering the entirety of a household's balance sheet, income statement, and asset allocation. He shares insights from his extensive 36-year career in financial advising and the motivations behind founding Bonsai during the global financial crisis. The conversation dives into the mechanics of ALM, the significance of risk-based products like annuities, and the challenges and opportunities in integrating investment and insurance solutions. Tune in to learn how Bonsai is making comprehensive retirement planning accessible to all investors.
Episode Highlights:
00:00 Introduction to FinTech Impact
00:31 Meet Robert DeChellis and Bonsai
01:09 The Genesis of Bonsai
04:07 Understanding Asset Liability Matching (ALM)
06:46 Risk Tolerance and Investment Strategies
13:45 The Role of Annuities and Risk-Based Products
19:02 How Advisors Use Bonsai's Software
23:08 Challenges and Future of Bonsai
26:20 Conclusion and Final Thoughts
Resources:
Facebook – Jason Pereira's Facebook
LinkedIn – Jason Pereira's LinkedIn
Woodgate.com – Sponsor
LinkedIn - Robert DeChellis’ LinkedIn