FELS operates FollowMyMoney, a digital wealth management platform that connects users with professional traders to implement tailored investment strategies in real-time. The platform addresses the challenge of effective asset management for advanced investors by providing access to expert trading recommendations and automated portfolio management at competitive rates.
Funding
$3.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many investors, particularly those with advanced knowledge, lack the time or expertise to actively manage their portfolios and implement sophisticated trading strategies effectively. Traditional wealth management solutions often lack the transparency and control that experienced investors desire.
Solution
FollowMyMoney is a digital wealth management platform that connects investors with professional traders and asset managers, enabling them to implement tailored investment strategies in real-time. The platform provides access to independent Anlage-Strategien from professional asset managers who invest their own capital in their strategies. Users can either follow trading recommendations or allow professionals to manage their portfolios, gaining exposure to strategies typically reserved for family offices. The platform offers a marketplace where traders showcase their strategies and Anlagevorschläge, which users can then implement directly in their own brokerage accounts via a push-service app.
Target Audience
The primary target audience consists of advanced investors and trading specialists seeking access to professional-grade investment strategies and automated portfolio management.
Features
- Access to a marketplace of independent Anlage-Strategien from professional asset managers.
- Ability to follow trading recommendations or allow professionals to manage portfolios.
- Real-time implementation of trading strategies directly in the user's brokerage account.
- Push-service app delivers Anlagevorschläge and trading signals.
- Support for various asset classes, including stocks, ETFs, crypto assets and Sachwerte.
- Transparent and fair pricing.
- Access to FMM Trades, allowing users to invest in Aktien, Krypto, ETFS or in Sachwerte, based on recommendations.
- FMM Portfolios, offering independent Vermögensverwaltung solutions.