An alumnus of NYU Stern School of Business, 27-year-old John Zhang is a founder and CEO of Luxari, a real estate company, and WealthGap, a robo financial advisory app. Speaking about his newly launched app, Zhang discusses his inspiration behind introducing the robo financial advisor and plans for the brand in the future.
John, please tell us briefly about yourself.
I graduated in 2015 from NYU with a Bachelor of Science degree, majoring in Finance and Accounting. After briefly interning with Haitong Securities International Securities Group in Hong Kong and Protege Partners based in New York as a summer investment analyst, I launched a real estate venture Luxari in the same year.
How did you diversify from real estate to financial advisory?
I always intended to launch an asset management firm. Catering to the affluent international college students in Manhattan and assisting them in renting, buying, and selling condos offered me the advantage of networking and connecting with potential clients for my other enterprise, WealthGap.
Tell us about WealthGap and the inspiration behind the mission statement, invest like a billionaire.
Hedge funds tend to accept capital exclusively from high net worth individuals and major institutions. With WealthGap, I aim to offer every individual the opportunity to invest in hedge fund-like portfolios and prosper in life, just like a billionaire.
What is the USP of WealthGap?
I offer my clients the best financial products for a minimum of 5,000 dollars instead of the 10 million dollars required to invest with an elite hedge fund on Wall Street. Additionally, there is a 0% performance fee, a 1% management fee, and no investment lockup period.
What is the role of AI in a financial advisory app?
Robo-advisors use algorithms to assess the changing market conditions and consumer behaviors. Gauging the client’s financial goals and risk tolerance, it guides them with making the best investment decisions, translating to higher long-term returns.
Who is your target audience?
It is an ideal platform for second-generation rich kids, high-income professionals such as doctors, lawyers, engineers, and millennials seeking to invest in hedge funds and increase their wealth.
Lastly, what are your plans for the app?
Since the app is in its nascent stage, my main focus will be business development and marketing. I aim to raise 20 million dollars in the first year and reinvest my profits for marketing and subsequent growth. My key marketing strategies would include advertising on social media such as Instagram and WeChat and hire celebrities for endorsement purposes. In the future, I would like to expand into the Asian and European markets.
Kerwin Rae Shares How He Has Helped Over 100,000 Entrepreneurs Succeed and Grow
Kerwin Rae is Australia’s leading business strategist and high performance specialist helping over 100,000 businesses, in 154 different industries, throughout 11...
Brock Pierce Wants To Disrupt The Two Party System And Be Your Next President
We don’t usually cover politics much here at Disrupt, but when Crypto billionaire and friend of the show, Brock Pierce...
John Mcafee – Predictions For The Future
John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...
Gaby Wall Street – Teaching Latinas to Thrive During The Crisis
It’s no secret we are facing one of the most challenging financial times of the last few decades as we...
Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico
Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...
Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women
The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....
How Josh Elizetxe Built Snow Into a $40 Million Dollar Business
There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...
How Jason Capital Became A Self Made Millionaire By 24
Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...
Sam Bakhtiar On His Way To A Quarter Billion
Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...
Executive Voice3 days ago
Grant Cardone Stars In Movie Alongside Robert De Niro
Entrepreneurship2 weeks ago
Uncovering the Stories of the World’s Most Impactful Entrepreneurs: Meet Dr. Amit Kumar CEO of Anixa Biosciences
Executive Voice2 weeks ago
Endexx Announced Joint Venture with DJ Khaled and Now Its The Stock to Own
Community2 weeks ago
Mover and Shaker, Money Maker & Law Breaker: Meet Mac Mcclafferty
Community1 week ago
Who Is Bando Beej?
Community2 weeks ago
British Model Bonnie Locket is Taking Social Media by Storm
Branding6 days ago
Disrupting or Disturbing? This Might Just Change The Way You Buy Your Next Pair of Football Boots
Entrepreneurship1 week ago
To Live And Sell Authentically With Austin Bergman, Fort Lauderdale’s Leading Luxury Agent