H
Floyd Miller
@hiimfloyd · Head of Customer Experience, Albert
Though Pefin is in beta (Launch Q1 2016), it goes beyond what Betterment, Wealthfront, Personal Capital, etc. are doing in terms of managing your money. They provide a financial plan that is goal focused with easy to understand actions to maximize your money and reach your goals.
According to the site, the AI "The nodes of our neural network understand financial rules and relationships. The network starts with your current finances and projects how they change over time with market conditions, inflation, taxes, and government rules, and your plans. Between all these factors, there are hundreds of connections to be made. For any given user, to create a single projection that spans 80 years, the network evaluates anywhere from 2-5mm data points, depending on the complexity of their financial situation."
4sharetweet・