Streams

New Tech City marquee (New Tech City)

Episode #31

Will Personal Finance Apps Replace the Financial Planner?

« previous episode | next episode »

Tuesday, April 16, 2013

With Tax Day come and gone again, New Tech City’s Manoush Zomorodi looks at the online services that might help you get on top of your finances for the this year.

MONEY Magazine staff writer Ismat Mangla has been testing some of the newest tools for managing purchases and scouting deals. She says the new apps may not be able to replace a real life financial advisor yet, but they’re getting close.

“There really is a lot out there," she said.  "When they say 'There’s an app for that,' they’re not kidding.”

Also on this week’s show, Zomorodi tours LearnVest, an online money management service where customers pay a monthly fee to get matched with an adviser for unlimited financial advice. The adviser then coaches the customer “on demand” over the phone, email or Skype. LearnVest Alexa von Tobel says the goal is to make finding a financial adviser as easy and affordable as joining the gym.

“Financial planning should not be a luxury,” she explain. “It should not be something that only wealthy people get access to. It truly should be something that the whole country gets access to.”

 

Guests:

Ismat Mangla and Alexa von Tobel

Hosted by:

Manoush Zomorodi

Produced by:

Jessica Gould, Wayne Shulmister and Daniel P. Tucker

Editors:

Charlie Herman

Your Guide to Personal Finance Apps

Ready to take your finances digital? Smartphone apps and browser extensions like Manilla, Personal Capital and Hukkster can help you organize your bills and statements, monitor your investments and find shopping discounts online. 

Comment

LearnVest CEO Alexa von Tobel on Modern-Day Money Management

"I would say that financial education is a civil right." — Alexa von Tobel, founder and CEO of LearnVest, on the inspiration behind her startup that pairs users with certified financial planners. 

Comments [1]

Leave a Comment

Email addresses are required but never displayed.

The Morning Brief

Enter your email address and we’ll send you our top 5 stories every day, plus breaking news and weather.