Leading the Way to Make Your Financial Efforts More Guided

The human life can be understood on the basis of various different things, but none explain it better than its tendency to get better on a consistent basis. This tendency, in particular, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the right goods. The same has grown increasingly evident over the recent past, and assuming one new fintech-themed development shakes out just like we envision, it will only make that trend bigger and better moving forward.

Origin, the startup reimagining financial wellness for all, has officially announced the launch of its first personal finance platform. According to certain reports, the platform comes decked up with an ability to provide holistic tracking of net worth, AI-powered financial guidance, automated investing, easy tax filing, estate planning, and the option to meet with a Certified Financial Planner™(CFP). But how will the platform actually deliver on this promised value proposition? Well, the answer begins from Origin AI-powered Planner, which is packed into the new platform for the purpose of answering your queries about personal finance. Trained by Origin’s own financial planners, the AI planner will be able to entertain a wide variety of questions, ranging from “How are my investments doing?” to “How should I rebalance my budget to start student loan repayments?” Complementing this is the fact that responses will be provided in real-time, and they will all be personalized to each individual’s unique financial situation. Next up, we have Origin Invest. Here, the idea is to help user of every kind access expert-built automated investing accounts. The investors who choose this product can invest in low-cost and globally diversified portfolios tailored to their specific needs, risk tolerance, and preferred time horizons. Furthermore, they can reap the benefits of thematic portfolios that are there to help them invest in particular areas like AI, semiconductors, clean energy and more. In case the stated offering wasn’t enough, users also don’t have to pay up any advisory or brokerage fees whatsoever. Moving on to our next feature in Origin Tax, which allows you to file your tax in the same place you manage, track, and invest your money. Notably, the platform’s DIY tax tool makes a point to simplify the filing process by leveraging optical character recognition (OCR) on uploaded documents to speed up data entry. For people requiring a slightly deeper brand of guidance, Origin Tax can also connect them with tax specialists who then guide you through the entire process. Talk about getting an expert to enhance your prospects, Origin’s users can even purchase time with a dedicated financial planner and receive expert-built action plan for a specified fee. Apart from conceiving a financial plan, though, the new platform also has the means to manufacture for you a comprehensive real estate plan. Set to hit the deck at some point during the year 2024, the feature will basically ensure that you can create a comprehensive estate plan in under 20 minutes. Such pace largely comes from the company’s recent acquisition of MyAdvocate, a step by step estate planning tool. Now, although it might not feel significant right out of the gate, the importance that this feature carries is contextualized by how nearly 2 out of 3 Americans today don’t have an estate plan due to high costs or an overly cumbersome processes.

“Through our own product and marketing research, we learned that people are really uncomfortable talking about money – in fact they’d rather talk about sex, infertility or even politics,” said Alex Lavian, Vice President of Marketing at Origin. “Origin wants to lead the conversation on financial wellness and give everyone the tools they need to talk more comfortably about money, because when we do that, we get better at managing it.”

Another piece of reality which makes Origin platform’s an important development is how financial planning and professional guidance has been inaccessible to most people up until now. This is because net-worth requirements to work with a financial planner range from upwards of $500k and the average yearly fee of working with a planner is literally thousands of dollars. Given the huge affordability gap, roughly 40 percent of people report that they are currently taking no notable steps to secure their financial future.

“Origin is now selling directly to consumers to ensure anyone has access to great financial planning advice, regardless of their income or employment status. The Origin platform has seen tremendous growth in the employer market, and we’re thrilled to now open it up to anyone who wants to do a better job managing and growing their money, said Matt Watson, founder and CEO of Origin.

People who are interested in using Origin’s financial and technological prowess can also enjoy a three months long free preview before making any commitments.