PODCAST - Ginmon provides automated and personal online wealth management

We build a platform, that totally automizes the wealth management process. Lars started out as a management consultant inside of Deutsche Bank, in their unit called in-house-consulting, focusing on their retail business. Our clients are wealthy, but not wealthy enough to qualify for traditional wealth management. You can now support us on Patreon https://www.patreon.com/bePatron?u 35246148 if you like what you see and hear consider to support us, so we can keep bringing you great content. There was no one at my company interested in what is today robo advisors, so I started my own and do not regret it until this day. They are wealthy enough to have money to invest, but in Germany, the normal threshold to enter the wealth management services of large banks is 2 million Euros, and they do not qualify yet. Ginmon wants to be the online financial advisor for this clientele. Therefore, they became fully licensed as a wealth manager in 2017, by German financial services oversight body BaFin. They now have an investment volume of more than 100 mn Euros for approx. According to Lars, they have approx.