Mezzi

Save on your taxes

203 followers

Save on your taxes

203 followers

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Reduce taxes effortlessly with Mezzi's tax-loss harvesting feature. Tailored steps and AI-driven investment insights help lower capital gains and income taxes. Available for iOS users in the US with investment/brokerage accounts.

Free Options

Launch tags:Fintech•Artificial Intelligence•Money

Launch Team

Klaussy ReviewTop Ranked AI Code Review Agent on ReviewBench

Promoted

Raycast

How does this compare with Wealthfront?

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3yr ago

Mezzi

Maker

@chrismessina Thanks for the great question. From many individual investors we speak with, they choose Wealthfront (or another roboadvisor like Betterment) if they want to be completely hands off and not take any action on their portfolio. Just like a financial advisor, Wealthfront likes a fee (0.25%) based on how many assets you ask them to manage. We're building Mezzi for retail investors that self-manage their investments, but need help with the complexity. Tax-loss harvesting is one of the complexities we help retail investors navigate, helping them gain back time and hopefully build more wealth! All that being said, many of our users take a diverse strategy to managing their investments. They'll manage 80% on their own but may park 20% with Wealthfront. Mezzi is still very helpful for comparing your returns on Wealthfront to your other assets and also monitoring the ETF fees you are paying to Wealthfront. If you have a Wealthfront account, I encourage you to sync it with Mezzi to find out!

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3yr ago

Raycast

@fintechnerd nice, thanks for the thorough answer!

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3yr ago

Mezzi

Maker

@chrismessina We've never met before, but on a separate note, your presentation to the On Deck community a couple years ago was 🔥

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3yr ago

Excellent tool to have to save on taxes is truly exciting prospect and a must for all paying taxes.

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3yr ago

Mezzi

Maker

@pori_shobha Thanks so much for that feedback!

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3yr ago

AQ: Attention Quotient

Nice work Mezzi team! Is it safe to connect my investment account?

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3yr ago

Mezzi

Maker

@sabk It's very safe. We handle the sync with your brokers via established aggregators that partner with the various different financial institutions and plug into their APIs. These aggregators include Plaid, Mesh, Finicity, and Meld. We use a variety of them to make sure we reach many different brokers. All you need to do is connect via Mezzi and enter in your broker credentials. Important: we DO NOT see your credentials and never will.

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3yr ago

The app looks great. Do I have to pay to get the tax savings suggestion?

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3yr ago

Mezzi

Maker

@pallavi_golla_patil Thanks for the question! Yes, tax savings are a Premium ($9.99/month) feature. In addition to tax savings, Mezzi also informs you how much you could save on your ETF fees. You can use this promo link for the first month free: https://apps.apple.com/redeem/?c...

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3yr ago

Thanks @5harath for hunting us! Hi Product Hunt community! Hersh, Co-founder and CTO of Mezzi here. As busy parents of three, my wife and I have always had a keen sense that we need to do more to make our hard-earned savings work harder for us ... you know, all the stuff people say you should do ... find the funds with the lowest fees, take your capital gains losses before the end of the year to save on taxes, etc. But projects at work, projects at home, kids' activities, social obligations, everything is fighting for your attention every hour of the day. When do you have the time to sit in quiet and think carefully about optimizing your investments? There never seems to be the right time. What we want to do at Mezzi is make these simple optimizations to your investments as painless and as easy as possible. People talk about the activation energy you need to do a particular task ... some things need a great force of will to just sit down and begin (like doing your taxes or writing that great American novel). We want to lower the activation energy for investment optimization so it's as easy as opening Instagram or Twitter. Just tap our icon on your phone and get insights on your phone that direct you in the right direction. To start, we're helping you build wealth with tax-loss harvesting and saving on fund fees. But we are just getting started! Over time we want to make more and more available to our users so you feel like you can confidently build wealth without complexity, and go spend more time with your friends and family (or Netflix!) Go download our iOS app! We've packed in a lot of great features for free, and you can also access our Premium insights for a month for free with Promo link: https://apps.apple.com/redeem/?c... We have apps for Android, Web, and Desktop in internal Alpha. Drop a comment if you would like early access to any of these platforms. We plan to stagger our releases based on customer demand. Most importantly, we'd love your feedback.

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3yr ago