On June 6, 2019 Nummo reported the best 2019 year-to-date performers among some 250 robo-advisor portfolios. The report, which is an update of its 2018 annual survey, ranked the top three performers in five portfolio categories: conservative, income, balanced, growth and value.
2019 YTD Robo-Advisor Ranking
On June 6, 2019 Nummo released its 2019 year-to-date robo-advisor performance ranking. All portfolio categories – Conservative, Income, Balanced, Growth and Value - have seen remarkable moves during one of the most volatile markets in more than a decade.
Our CEO speaks to Financial Planning
Our CEO, Roi Tavor, shares his views on the future of digital platforms. “Given the continuous cost pressure financial institutions experience, a further shift from human to digital advice must be expected,” says Roi.
Nummo is a personal financial management platform that empowers users to live better by helping them manage, maintain and improve their financial health by providing the tools to better understand one’s personal finances and optimize them. The platform consolidates and analyzes a person’s financial situation, with conflict-free options to choose from. The platform gives users access to over 49,000 financial institutions, 17 robo-advisors with over 160 investment portfolios and more.
Nummo was founded in 2016 by a group of former Julius Baer executives, spurred by the belief that wealth management should not be exclusive to the one percent. To date the company has raised friends and family funding, currently has 11 full time employees and is headquartered in Zurich, Switzerland. US headquarters are expected later this year.
Facts & Figures
Founded in 2016
Overseeing >$500m of yearly user spending
Consolidating >19k financial institutions
Comparing 283 robo-advisor portfolios
EXECUTIVE MANAGEMENT TEAM
Co-Founder and CEO
Roi spent his entire career with Julius Baer, working in private wealth management. He rose to the position of Managing Director at the firm, leading various managerial functions and important segments of the business. He founded Nummo with the intent and profound desire to help the ninety nine percent improve their financial wellness.
Co-Founder and COO
Enrico is a seasoned IT executive, with over twenty years working in the financial services market. He strongly believes the time has come to democratize this industry through technology. He was driven to found Nummo out of his love for technology and the desire to help people get financially healthy.
Co-founder & CPO
Gregor has a fifteen-year accomplished career in the financial services industry and excelled in various senior roles such as product & project manager as well as divisional chief of staff. He believes in the power of client-centric business models and the impact it can have on the financial wellness of the 99%. This is why he decided to build Nummo.