the agnostic investor

Written by Taraje Williams-Murray, CEO of Coroebus Wealth Management

financial planning and investment management simplified

Q4: Crunch Time

It’s been an eventful few weeks, both for us and for the broader economy. Since our last update, the Federal Reserve decreased interest rates by 50 basis points, signaling a long awaited shift in policy, leaving room for two more rate decreases this year. In the midst of these changes, we’re excited to share that we are just days away from testing Pythia®, our predictive analytics application that’s been in the works for some time. While we haven’t quite reached beta testing yet, we’re on track to release a MVP by the end of the year. Additionally, we’re in talks with Registered Investment Advisors (RIAs) and broker-dealers to ensure that, when we do launch, we can offer comprehensive financial planning to our clients.

The Federal Reserve’s recent rate cut is a clear signal of its commitment to stimulating the economy in the face of uncertainty. This move has implications for everything from bond yields to mortgage rates, and it’s precisely the kind of macroeconomic shift that Pythia is designed to help investors navigate. By employing predictive analytics and data-driven insights, Pythia will empower investors to make more informed decisions.

Since our last post, we’ve been hard at work fine-tuning Pythia’s capabilities. Needless to say it is a grind and some days are more productive than others. Taking time off is necessary even though it may sometimes be due to lack of productivity. We are now just days away from testing, which is a huge milestone for us.

Beta testing is a crucial phase; it’s where we put our theories into practice, identifying potential areas for improvement before the official launch. While it’s been a long road, we’re thrilled to be at this stage. Our goal is to ensure that, when Pythia goes live, it will not only meet but exceed the expectations of our users. We are happy to share our MVP will be ready for use by clients and advisors alike.

We’ve also been busy laying the groundwork for what comes next. We’re currently in talks with RIAs and broker-dealers to integrate a full suite of services that will enhance what we have to offer. By partnering with established firms, we can provide clients with a seamless, holistic experience that will encompass, planning, portfolio management (ex. trade execution), real estate (initially in NJ only), life insurance and more.

In an economic environment that is increasingly influenced by rapid policy changes and volatility, having the right tools at your disposal is more important than ever. Though still in its early stages of acceptance we imagine AI will become ubiquitous amongst financial services firms.

By using Pythia, our clients will gain access to predictive models that offer timely actionable insights, particularly in uncertain times. Additionally the efficiencies gained by the use of AI can eliminate some tasks from our daily grind entirely (hopefully those you hate doing), and cut the time spent on others in half or more.

What’s Next? The next few days will be pivotal as we move into the testing phase. We’ll be putting Pythia through its paces to ensure that it delivers on its promise of data-driven actionable financial insights. At the same time, we’ll continue our conversations with RIAs and broker-dealers to finalize partnerships that will expand our service offerings. Our target is clear: to launch Pythia by the end of the year, equipped with the features and support that our clients deserve.

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