Vise with Runik Mehrotra & Samir Vasavada | E140

Building truly customized and personalized client portfolios.

 In this 140th episode of Fintech Impact, Jason Pereira, award-winning financial planner, university lecturer, writer, and host interviews Samir Vasavada the Co-Founder & Chief Executive Officer of Vise and Runik Mehrotra the Co-Founder & Chief Investment Officer of Vise. Vise is a next generation asset measurement platform that allows for the development, tracking, monitoring, and testing of portfolios made up of individual stocks. 

Episode Highlights: 

● 00:30 – Samir Vasavada and Runik Mehrotra explain Vise. 

● 01:40 – What led to the origin of Vise? 

● 05:28 – What was the journey to getting Vise started? 

● 06:55 – What does the workflow look like and the core data points? 

● 08:45 – They talk about employment as a risk factor. 

● 11:52 – What does a conventional portfolio look like to them? 

● 15:57 – What are their thoughts on direct indexing? 

● 19:39 – What has the feedback for Vise been like? 

● 24:38 – What would Samir Vasavada and Runik Mehrotra change in their business or industry? 

● 27:50 – What have been the biggest challenges Samir Vasavada and Runik Mehrotra have faced? 

● 33:23 – What keeps Samir Vasavada and Runik Mehrotra excited each day about their work? 

3 Key Points 

1. Vise can customize strategies around financial advisors and explains why a portfolio is built the way it was. 

2. A portfolio can be as few as 25-30 individual stocks to 100 individual stocks. 

3. Vise helps advisers differentiate themselves, giving advisors some of their time back. 

Tweetable Quotes: 

● “Essentially what Vise is, is that we are using AI to automate investment management for financial advisors. The vast majority of financial advisors really struggle to differentiate. They provide their clients the same generic portfolios.” – Samir Vasavada 

● “We’ve essentially built this AI where we can analyze clients’ needs, money they have to invest, goals, networth needs, career risks, private holdings, to build a highly personalized portfolio of individual stocks, bonds, other assets. .” – Samir Vasavada 

● “The thesis behind the company is the advisor is their relationship with their client, and we do everything else in an automated yet personalized way.” – Samir Vasavada 

Resources Mentioned: 

● Facebook – Jason Pereira’s Facebook 

● LinkedIn – Jason Pereira’s LinkedIn 

● FintechImpact.co – Website for Fintech Impact 

● JasonPereira.ca – Sign up for Jason Pereira’s newsletter 

● Linkedin – Samir Vasavada’s Linkedin 

● Linkedin – Runik Mehrotra

● vise.com – Website for Vise AI