About Luma financial technologies
Luma Financial Technologies: Revolutionizing the Financial Industry
In today's fast-paced world, technology has become an integral part of our lives. It has transformed the way we live, work, and interact with each other. The financial industry is no exception to this trend. With the advent of financial technology (fintech), traditional financial institutions are facing stiff competition from innovative startups that are disrupting the industry.
One such company that is making waves in the fintech space is Luma Financial Technologies. Founded in 2011 by Tim Bonacci and Michael Carter, Luma's mission is to empower financial advisors with cutting-edge technology that simplifies their workflow and enhances their productivity.
Luma's flagship product is a comprehensive platform that enables financial advisors to learn about structured products and annuities, buy them for their clients, create custom solutions tailored to their clients' needs, and track performance all in one place. This platform streamlines the entire process from start to finish, saving time and reducing errors.
The company's focus on innovation has earned it recognition as one of the fastest-growing fintech companies in America by Inc Magazine for three consecutive years (2018-2020). Its success can be attributed to its commitment to providing exceptional customer service combined with state-of-the-art technology.
Luma's platform offers a range of features designed specifically for financial advisors:
1) Learning: The platform provides educational resources such as webinars, whitepapers, videos on structured products and annuities so that advisors can stay up-to-date with market trends.
2) Buying: Advisors can access a vast selection of structured products from leading issuers through Luma’s online marketplace. They can compare prices across multiple issuers before making a purchase decision.
3) Creating: Advisors can use Luma’s proprietary tools to create custom solutions tailored to their clients’ specific needs. These tools enable them to build portfolios based on risk tolerance levels or investment objectives quickly.
4) Tracking: Advisors can monitor portfolio performance using real-time data analytics provided by Luma’s platform. They get access to detailed reports on portfolio holdings along with performance metrics like yield-to-maturity or duration analysis.
The benefits of using Luma’s platform are numerous:
1) Increased efficiency: By automating many manual processes involved in buying structured products or creating custom solutions for clients' portfolios saves time while reducing errors associated with manual entry into spreadsheets or other systems
2) Enhanced client experience: Clients benefit from personalized investment strategies created using sophisticated algorithms based on risk tolerance levels or investment objectives
3) Improved compliance management: The system ensures compliance with regulatory requirements by providing transparency into transactions made through its marketplace
4) Competitive pricing model: By offering competitive pricing across multiple issuers reduces costs associated with buying structured products while increasing transparency into fees charged by different issuers
5) Exceptional customer service support team available 24/7 via phone/email/chat ensures prompt resolution of any issues faced during usage of its services/products
In conclusion,
Luma Financial Technologies has revolutionized how financial advisors manage client portfolios through its innovative fintech solution designed specifically for them. Its comprehensive suite of features enables advisors not only learn about but also buy/create/tracking customized solutions all within one easy-to-use interface saving time while improving accuracy & efficiency throughout every step involved in managing client investments.
With accolades like being named among America’s fastest-growing Fintech companies three years running (2018-2020), it comes as no surprise why more than 10k+ registered users trust this award-winning firm when it comes down managing complex investments structures & annuities!
lumafintech.com
