iFlip Launches Unprecedented Mobile AI Wealth Management Experience
iFlip, a leading algorithmic intelligence (AI) wealth manager, is proud to announce the launch of its stock trading app. The app will give retail investors unprecedented access to algorithmic investing portfolios with a transparent pricing structure.
iFlip’s mobile app was created to level the playing field for individual investors.
The app uses proprietary algorithms developed for over 20 years by Wall Street Banks like Deutsche Bank, Brevan Howard, Tudor and Bank of America. The algorithms are designed to minimize risk and portfolio drawdowns.
iFlip’s portfolios have a long track record of outperforming index funds and robo-advisers. This method of capital management has long been commonplace among Wall Street’s hedge funds, but out of reach for those without millions to invest.
“Through the use of AI we are now providing access to long-term investment vehicles that were not available in the past. They are truly the future of investing,” says Kelly Korshak, iFlip’s co-founder and chief technology officer.
“This technology is cheaper and designed to mitigate market risk in order to grow wealth faster. This year we are specifically focused on making this technology available to the masses through our free investment mobile app.”
By taking assets out of the stock market during periods of weakness and reinvesting assets during rebounds, over the past 15 years iFlip’s S&P 500 portfolio returned 488% versus 225% in an index fund. This means $1,000 invested in 2004 would be worth roughly $5,889 today.