AlgoPear

Ready to take your FIs to the next level? Here is what happens when you adopt and bring in innovation. #fintech #banktech #banking #creditunion #innovation #investtech #wealthtech

❗ Financial institutions' core customers are aging out fast. Here are 5 ways FIs can attract and engage with the next generation of members! 🗒 (Comment below) on ways to connect with millennials and Gen-Z. 🍐 #creditunions #communitybanks #regionalbanks #fintech #innovation #banktech #wealthtech

🎙️ The RETAIL INVESTOR REPORT 2024 🎙️ #CreditUnions #CommunityBanks, #RegionalBanks MUST ACT FAST, as retail investors are leaving their traditional financial institutions for new, innovative investment platforms, AlgoPear has the perfect solution. 30 MILLION new broker accounts have been created by 2021. In 2023 alone, weekly inflows of cash from retail topped $1.5 Billion per week. Although the spirit of retail investing is at an ATH (all time high), which is a great thing, an underlying FINANCIAL DISRUPTION has been created, which is member retention, and sudden decrease in AUM. Retail investors are increasingly gaining access to alternative investments that were previously only available to institutional investors with large amounts of capital. Here are some key points about retail investor access to investments outside of traditional bank products: - Companies are opening up access to alternative asset classes like real estate, marine finance, and art finance that were previously reserved for the wealthy. - Private equity firms are targeting individual investors as a major growth opportunity, as retail investors hold roughly 50% of global wealth but only 16% of assets in alternative investment funds. - In February 2023, retail investors across platforms set a new record by investing $1.5 BILLION into the stock market in a single week. While exact figures are difficult to quantify, the rise of fintech platforms and regulatory changes are allowing retail investors to allocate more capital outside of traditional bank products and into areas like private equity, venture capital, real estate, and other alternative investments. So in summary, while banks still hold the majority of retail investor assets, there is a growing trend of retail money flowing into alternative investments and asset classes previously dominated by institutional capital, enabled by new platforms and changing regulations. #Fintech #investing #money #capital #wealthmanagement #creditunions #communitybanks #retail

Millennials are not very difficult to satisfy when it comes to investment technology. What financial institutions can do now to ensure they engage the next generation in their ecosystem 👨💻👩💻 Give us: - Digital UI that’s not buggy - Quick and easy access to our investment info - Transparent data that’s concise and easy to understand - Optionality with pricing - Ready-to-go investment strategies - Stock-picking tools that help make decisions As a millennial myself, if we can’t touch it in an app, we won’t use it. We don’t like phone calls or Zoom meetings to talk about our finances unless we’re worried or need urgent help. Did I miss anything? Comment below 👇🏽 #bankingtechnology #banktech #creditunions #fintech #embeddedfinance #personalfinance #innovation #retailinvesting #communitybanks

🚨 We have ALL heard of the proverb of “closed mouths don’t get fed” this is ESPECIALLY true in business and in life! Communication is the starting point of building, manifesting, and executing on goals and aspirations. Bad communication corrupt good manners as the scriptures say! PRACTICE better communication today, say what’s on your mind! Speak the things that need to be spoken and watch things change for the better! #Bebetter #Grow #Talk

Why Are Millennials Taking Their Investments from Financial Institutions (FIs) to Robinhood and WeBull? Check it out 👇🏽 👁️ It’s no secret that millennials are ditching FIs for platforms like Robinhood and WeBull. Here’s why: 1. Lack of Investing Tools: Many credit unions, community and regional banks don’t offer user-friendly, accessible investing tools. 2. High Deposit Requirements: FIs advisor vendors often require high minimum deposits, which can be a barrier for younger investors who are just getting started. The shift: 67% of millennials prefer digital investment platforms due to their low or no fees and ease of use. Innovation Pace: Remember when we thought offering free checks was the pinnacle of financial innovation? 😂 The Solution? AlgoPear’s Embedded Wealth Tech! With AlgoPear, small to midsize FIs: • Offer Seamless Investing: Intuitive, user-friendly sophisticated investing tools that integrate directly with existing accounts. • Lower Entry Barriers: No high deposit requirements, making it accessible for all members regardless of income level. By embedding AlgoPear easy to integrate wealth tech, we help you keep your millennial members engaged and loyal and even attract new members. Let’s bring the future of investing to all members! #CreditUnions #Fintech #MillennialInvestors #AlgoPear #wealthtech #regionalbanks #CommunityBanks

Our COO Ben Malena presenting AlgoPear at the first ever Expo in McKinney, Tx powered by Plug and Play Tech Center

Upgrade to embedded wealth tech and stop buffering! 🚀💻 www.algopear.com #fintech #communitybanks #creditunions #innovation #embeddedtech #wealthtech

From Piggy Banks to Robo-Advisors 🐷🤖 Visit www.algopear.com to learn more. #fintech #wealthtech #communitybanks #creditunions #innovation #digitaltransformation