ArthaYantra: India’s First Robo-Advisor

Wealth of a nation is always a reflection of the wealth of its citizens. History has time and again proven that the breadth of distribution of wealth among individuals is directly proportional to the nation’s wealth. The broader the wealth spread, the greater the wealth of the nation and vice versa. When wealth is concentrated in the hands of a few, it reflects nega- tively on nation’s wealth.

One common thread among all successful civilizations is their ability to take risks and move out of their comfort zones to invest in the markets and opportunities of their times. If the British funded trading and voyages to new continents, the Americans invested in stock-markets and retirement funds. As India continues to become more wealthy and march towards growth, it will depend on its Wcitizens to take risks, identify and invest in opportunities and build wealth.

As a nation with more than a billion people, broad based growth of wealth is more diõcult and time consuming in India. China is a good example to observe. With over 30 years of steady and high growth model, China’s wealth today only contributes to 8.1% of the total global wealth. North America which holds the most wealth (34.7%) in the world today, has built it over the last 100 years. What does it take for India to get to 5% from its current 1% level? May be a decade or more.

When countries take so long to be wealthy, it is natural that individuals also would take a longer time to build wealth. However, this long-term thought process is not very visible in most investment decisions made by wealth management clients.

They are, in most cases, guided by wealth multiplication solutions that are short-term and not aligned to national wealth creation. Instead, a more long-term, non-product centric approach is the need of the hour. “Five Tips To Get Richer,” “Ten Tips To Get Wealthy” will only get an individual so far unless he/she is really determined about making individual wealth count. This thought process of long-term wealth creation rather than short-term wealth multiplication is why an individual must approach a certified financial planner/wealth manager who is savvy with the ways and means of building wealth, along with focusing on the prospects of sustaining the same.

Currently, very few providers have the ability to deliver these services. As and when more people are able to professionally manage their wealth better, overall breadth of wealth growth will also increase faster and Indian families can reach their financial targets and goals with more certainty.
 

About ArthaYantra
A Financial Life Management Advisor, ArthaYantra is an Indian robo-advisor with over 70,000 customers across 600+ cities/towns in India and 30 countries across the world. Our vision is to make goal based financial advice accessible to all and our online platform, Arthos, replaces the traditional human financial advisor by connecting all aspects of an individual’s financial life. It helps them in setting realistic financial goals and creates/offers an unbiased, comprehensive and customized portfolio for achieving their set financial goals. Visit and sign up at https://www.arthayantra.com

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