Othis

While everyone knows Mint as a popular personal finance app, few have heard about its close second competitor – Wesabe.   I’ve recently stumbled upon a blog post written in 2010 by Wesabe’s founder on why the company shut down and Mint won.     What stood out the most was the founder’s main takeaway: Even though changing people’s financial behavior for the better is a noble goal, it is secondary to making them happy in the short term. Mint’s product provided instant gratification and was easy-to-use for solving the surface-level problem of budgeting.   Wesabe, on the other hand, built a product that aimed to go deeper into customers’ need to budget and helping people reach net positive at the end of the month.   The harsh truth? Most people want quick wins, not long-term behavioral change.   “Focus on what really matters: Making users happy with your product as quickly as you can, and then helping them as much as you can after.”   What's your take? Can we balance instant gratification with long-term impact?   #Mint #Wesabe #FinTech #ProductStrategy

🇪🇺 📊 Reflecting on an insightful discussion at the European Commission on capital markets I was thrilled to participate in yesterday’s European Commission round table on the scaling up of investment funds within the #EU as a panellist. Together with Rebecca Versteeg Morales from KKR, Markus Pimpl from Partnersgroup, Adam Niewinski from OTB Ventures and Hugo WEBER from Mirakl we discussed the main reasons behind the underdeveloped risk capital markets in the EU, especially for late-stage scale-ups and delved into the challenges and barriers to scaling up the size of funds needed. I was happy to be able to contribute insights from two sides, as a Co-Founder of Othis as well as from my role as General Partner of APEX Ventures. ➡️ The key questions ❔What are the primary barriers to scaling up venture capital in the EU? ❔How can integration of the market smooth operations for venture capital players across borders? ❔What roles do public programs and institutional investors play in scaling VC and PE funds? ❔What are the strengths that the EU can build upon? The session was highly engaging and provided valuable insights into how we can enhance the framework for #investment and #innovation across Europe. I am grateful for the opportunity to share the stage with my fellow panellists and contribute to a productive discussion that I hope will lead to actionable solutions. Thank you European Commission for the invitation, all the panellists for the insightful discussion, and Hélène Bussières, Tomas Vaclavicek, et al for the perfect organisation. #EuropeanCommission #CapitalMarkets #InvestmentFunds #Innovation #VentureCapital #EUmarkets #Othis

Excited to see Othis included among great companies in the latest report from Fidelity International Strategic Ventures as a key player reshaping the wealth management industry amid the largest generational wealth transfer. 

Diversification across sectors, asset classes and geographies isn’t enough. Interviews conducted by The Pioneer show that many portfolios lack the necessary sophistication to address common challenges, such as concentration risk. Our CIO Saang Lee has shared his insights into a factor-based approach to diversification, focusing on identifying the characteristics or variables that drive market returns and the associated risks. Several types of factors explain market movements, including fundamental, market, behavioral, and structural factors. Examples include value, momentum, quality, interest rate exposure, sentiment, and index rebalancing. It’s an approach that’s common across the U.S. and Asia, but not in Europe. You can read our thoughts in more detail in The Pioneer’s ‘Rethinking Investments’ article. #wealthmanagement #investing #diversification #portfolio #Othis

We’ve reduced 6 mouse clicks to just 1 keyboard shortcut, making asset updates nearly instantaneous ✨ With common actions listed for each distinct asset, keeping your portfolio up-to-date is now faster and less tedious. This feature is another stepping stone toward helping you maintain the most current and accurate view of your wealth with minimal effort. #FinTech #ProductUpdate

𝗖𝗼𝘂𝗹𝗱 𝗰𝘆𝗯𝗲𝗿𝗵𝗮𝗰𝗸𝗲𝗿𝘀 𝗯𝗲 𝘀𝘁𝗲𝗮𝗹𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝘆𝗼𝘂𝗿 𝗙𝗮𝗺𝗶𝗹𝘆 𝗢𝗳𝗳𝗶𝗰𝗲 𝗿𝗶𝗴𝗵𝘁 𝗻𝗼𝘄? Family offices are lucrative targets. Unlike banks, which use sophisticated security software and processes to defend against attacks, offices often lack the same robust defences. Hackers commonly use phishing and social engineering, sending scam communications with links to malware or building trust with employees to extract sensitive information. To guard against these threats, offices must be proactive rather than reactive. We’ve detailed a series of simple measures offices can put in place to bolster their defences. 🔒 Check the comments section for the article.

Product update alert 📣 Another highly requested feature is now live! 🔍 Introducing Advanced Portfolio Breakdown: Effortlessly navigate and analyse your wealth with our latest update. You can now explore your portfolio by: ✅ Asset Classes  ✅ Currencies  ✅ Legal Owners With this powerful new feature, you can: ➔ View asset class exposure across multiple brokerage accounts. ➔ See the percentage of your portfolio denominated in EUR, USD, and other currencies.  ➔ Access a comprehensive list of assets by holding entities.    This update provides our users with more flexibility in analysing their portfolio on a much deeper level than before.    Visit our website to request access and simplify the management of your assets today.      #wealthplanning #wealthmanagement #assetallocation #Othis #portfolio 

Anyone planning their estate has likely faced this dilemma – to gift, or not to gift, that is the question. I wrote a short article to provide individuals and families an overview of the existing regimes within the DACH region and potential developments. As a prominent topic for a big portion of our clients at Othis, we are actively collaborating with tax advisors and lawyers in finding efficient and lasting solutions. Feel free to reach out to me directly if you are in the process of finding the right set up. #inheritance #governance #wealthmanagement

Last week, I had the pleasure of presenting Othis at the Mastercard Fintech Forum in Vienna. It's no surprise that the wealth management industry is in the spotlight. 🔎 With shifting demographics, generational wealth transfer, and a shortage of advisors, the industry is undergoing its most significant transformation yet. ⛔️ Despite the democratization of investing, access to professional tools to tackle challenges like diversification remains exclusive to institutional investors. ✨ At Othis, we are addressing this issue using data science and technology. At the core of our innovation is a sophisticated portfolio and market analytics system that enables new use cases in the industry: ✅ Diversification analysis across traditional and alternative asset classes ✅ Creation of bespoke “1 of 1” portfolios tailored to each client, either standalone or as an overlay to an existing portfolio ✅ On-demand, personalized advice for every client With these capabilities our aim is to offer a modern alternative to traditional private banking, delivering an experience that is responsive, straightforward, and cutting-edge. At the core, our mission is to empower individuals with innovative solutions to grow their wealth independently and professionally. If you’re interested in learning more about our solutions and how we empower individuals, feel free to reach out or visit our website. Othis #WealthManagement #FintechForum #Mastercard

𝗛𝗢𝗪 𝗖𝗔𝗡 𝗔𝗡 𝗜𝗡𝗩𝗘𝗦𝗧𝗢𝗥 𝗔𝗗𝗗 𝗗𝗜𝗩𝗘𝗥𝗦𝗜𝗙𝗜𝗖𝗔𝗧𝗜𝗢𝗡 𝗜𝗡𝗧𝗢 𝗧𝗛𝗘𝗜𝗥 𝗩𝗖 𝗣𝗢𝗥𝗧𝗙𝗢𝗟𝗜𝗢?   Interest in venture capital from individual investors and family offices has never been higher, but for generalist investors, the VC landscape can be difficult to navigate. Most of our clients want VC exposure for portfolio diversification, and it can be difficult to know how to allocate funds properly.   We will begin releasing our series of quantitative VC analyses next week. These reports will give a sneak peek at the VC analytical services that will be coming to our app in the coming months. We will be looking at the VC landscape to show how investors can properly diversify their VC investments.   Please take our poll and leave comments below!   #wealthmanagement #investing #portfolio #venturecapital #Othis