PRINCIPLES
Committed to excellence
01
Innovate
Financial advice & education are important. The cost of providing it is considerable. We are driven to create innovative solutions that reduce the cost of service.
02
Ease of use
Solutions have to be easy to understand, implement and use. Without ease of use, functionality becomes irrelevant.
03
Secure
The FCA anticipate they will become as much a regulator of data as finance within the next five years. Data security is at the centre of everything we create.
04
Scalable
Our solutions are designed to work at scale.
We successfully process vast quantities of data on a daily basis.
05
Sustainable
A multi-faceted principle. Our business model is sustainable, we are here to stay. Our operating practises are sustainable, we strive to keep our colleagues onboard and engaged. We are cognisant of the environment we live in.
ABOUT
About our Business
WealthSpace is a privately owned limited company registered in England.
Founded by fully qualified Financial Advisers, Accountants, and Software Professionals, WealthSpace is uniquely positioned to create solutions that are both effective and fit for purpose.
That is to say, we understand our clients pain.
Our goal is to become a leading provider of innovative wealth management solutions, dedicated to allowing professionals to get on with the bits of the job that they enjoy, and crucially, are paid for.
Since our inception, we have been committed to delivering exceptional solutions at a fair value.
Our offices are in Berkshire.
We operate a remote working policy to align with our sustainability principles, and to ensure that the best talent is available to us.
Where possible, we utilise freelance resource, this enable us to stay flexible and access specific industry leading skills as and when required.
This, in turn, helps us deliver quality solutions at fair value.
We maintain in house resource for the following purposes: to develop intellectual property; and to provide appropriate support to our clients.
We are committed to maintaining timely communication with our clients, and as such recognise the importance of our account management team.
If you have any questions about our business or investment opportunities, please contact us at:
communications@wealthspace.co.uk
NUMBERS
They are compelling
We have not identified new problems, but advancements in technology have plugged the gaps in creating solutions that can address them. It is exciting.
£5-15K
Estimated annual
opportunity cost of advisers turning down and/or losing one client due to administrative constraints.
28,000
Registered financial advisers in the UK in 2022, according FCA reporting.
£5-10K
Average monthly cost of service for an average UK adviser to fulfil their administrative obligations after the point of holding a meeting / giving advice.
+50%
Estimated increased advice capacity through using our solutions.
Automate the admin. Concentrate on the advice.
4.2M
UK adults have £10,000 or more in cash and an indicated appetite to risk. (FLS)
8%
UK adults have received in person financial advice.
1.2M
UK adults approaching 55 with DC pots. (Ignitition House)
£48K
Better off on average for receiving advice than their peers. (ILS)
£5.5bn
Revenue from retail investment intermediation in 2022. (RMAR)
30%
Predicted increase in advised clients over the next 5 years. (NextWealth)
5,000
UK financial advice firms.
+50%
Estimated increase in paraplanning capacity by using our solutions.
Product Spotlight
A software as a service (SaaS) product that utilises AI to drastically the time and cost required for advisers to fulfil their administrative obligations.
Our product is set apart by, amongst other things, our focus on data security. PII is redacted and synthesised before it reaches any large language model.
Thought Leadership
Max Anderson,
BSc. (Hons) DipPFS CII Cert MP
CEO, WealthSpace
The Power of AI
Use this space to promote the business, its products or its services. Help people become familiar with the business and its offerings, creating a sense of connection and trust. Focus on what makes the business unique and how users can benefit from choosing it.
Example Example,
BSc. (Hons) DipPFS CII Cert MP
Director, Altus
The Cost of Service
Use this space to promote the business, its products or its services. Help people become familiar with the business and its offerings, creating a sense of connection and trust. Focus on what makes the business unique and how users can benefit from choosing it.
Max Anderson,
BSc. (Hons) DipPFS CII Cert MP
Director, Highclere Wealth
Quantifying the Pain
Use this space to promote the business, its products or its services. Help people become familiar with the business and its offerings, creating a sense of connection and trust. Focus on what makes the business unique and how users can benefit from choosing it.
CAREERS
Join Us
We are growing, fast.
If you want to be a pioneer, have an ownership mentality, and want to be involved in supporting and/or shaping future products in WealthSpace, then we want to talk to you.
Oh, and nothing is on fire.
FAQ
Your questions, answered
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Do you give financial advice?WealthSpace LTD does not give financial advice.
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Where can I view your products?Please visit www.wealthspace.ai to explore our adviser support software, or www.chatredact.ai for our stand alone PII safe, AI chat function.
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Can your leadership present at events?Yes, if you are hosting an event and/or are looking for presenters and/or panel members on the topic of innovation in technology for financial advice, please do get in touch at communications@wealthspace.co.uk
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Are you regulated by the FCA?No, our products and services do not require us to be. However, we ensure at all times that we operate in accordance with the rules and regulations that we, and our clients have to abide by, be that the rule of law or regulatory guidelines.
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Are you hiring?Yes, much of what we do is powered by AI, but run by humans. Please get in touch at opportunities@wealthspace.co.uk.
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What products/services do you provide?WealthSpace AI is our primary offering that we are talking to the market about, we have a roadmap of complimentary products in development.
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Are you a start-up incubator?No, we have a roadmap of interlinked ideas, culminating in a full stack solution for financial advisers. However we are always happy to have sensible conversations about developments with partners and/or look to progress alternative ideas in house. If you have an idea or product you would like to discuss, please get in touch at communications@wealthspace.co.uk
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What's your relationship to WealthSpace AI Ltd?We developed the WealthSpace AI product.
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