Nebo Wealth with Adam Scully-Power | E378
Bringing Goals Based Investing to life
In this episode of FinTech Impact, host Jason Prera speaks with Adam Scully-Power, Product Solutions Director at Nebo Wealth. Nebo Wealth is a platform focused on goals-based investing, empowering financial advisors to deliver personalized asset and portfolio allocations tailored to clients' unique goals and circumstances. Adam discusses the origins of Nebo Wealth, the limitations of traditional investment methods like target date funds and risk tolerance questionnaires, and how Nebo utilizes a more dynamic, forward-looking approach for portfolio optimization. He explains the importance of understanding client goals, incorporating a wide spectrum of inputs, and providing visual tools that clearly communicate financial progress. The conversation also highlights the platform's flexibility and superior performance in maximizing clients' financial success. Adam concludes by expressing his excitement about Nebo Wealth's innovative impact on the financial advising industry.
Episode Highlights:
00:00 Welcome to FinTech Impact
00:15 Introduction to Nebo Wealth
01:03 The Origin of Nebo Wealth
02:52 Challenges with Traditional Investment Approaches
03:25 Defining Goals-Based Investing
05:38 Nebo Wealth's Approach to Personalized Portfolios
11:35 Visualization and Outputs of Nebo Wealth
23:37 The Future of Goals-Based Investing
31:05 Conclusion and Contact Information
Resources:
Facebook – Jason Pereira's Facebook
LinkedIn – Jason Pereira's LinkedIn
Woodgate.com – Sponsor
LinkedIn - Adam Scully-Power’s LinkedIn