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

Nebo Wealth

LinkedIn - Adam Scully-Power’s LinkedIn