The link between lifestyle and personal finances is one that many have a tumultuous relationship with. For those living paycheck to paycheck, detailed monitoring of finances could mean the difference between heating their house for the month or going cold. On the other end of the spectrum, great risk arises when those with money in abundance fail to treat their finances with due diligence, opening up the prospect of exploitation by a third party. For most, though, it’s simply a case of only spending what can be afforded, regardless of their tax bracket. HCT Finance CEO Hayes Thomas (@iamhayesthomas) understands the relationship well… enough to develop an app.
HCT Finance is a concierge service that provides high-profile individuals with the lifestyle management necessary to access the most exclusive opportunities. Absent from the vast majority of similar organizations is the ability for a client to arrange their finances in tandem with lifestyle expenditure. The likes of tables at the best nightclubs and deals on car bookings make up HCT’s portfolio of client offerings. When one conceives the significant sums being exchanged between VIPs and service providers, it becomes apparent that accessible finances must form a pivotal part of lifestyle decision-making. Why then should high-profile lifestyles be managed separately from personal finances?
Well, Hayes Thomas believes they shouldn’t. The philosophy forms a fundamental element of the upcoming HCT Finance application, due for launch in Q2 2022. It is set to include all aspects that define the company’s present concierge service, automated to allow the HCT team maximum time to spend on client experience. Besides bringing the best deals in the likes of air travel and hotel stays to the client’s attention, the app also promises to operate as a banking service, allowing individuals to keep tabs on their balance all the while. It’s a wholly selfless proposition, as a service provider like HCT would undoubtedly benefit from increased lucrative spending amongst its clients.
An equitable financial ethos has been a constant throughout HCT’s development. Where others may profit from favorable deals with third-party companies, HCT commits to providing its clients with the same discounts it receives. Moreover, as the business scales, Hayes Thomas is keen to ensure their clients’ bill reflects their ameliorating profit margins. “In traditional business, the more clients you have, the lower your cost per unit becomes,” he explains. “I feel it should be the same for our clients. I want to make sure they are looked after and aren’t being exploited.”
Thomas’ passion for an industry without exploitation is rooted in his background as a professional football player. Before injury brought his career to an abrupt end, Thomas was unhappy with how his club treated him, contributing to the withering of his love for the beautiful game. Nevertheless, he understands the equal position of influence and vulnerability that many of today’s most prominent individuals are in and, as a result, wants to be part of the solution rather than a corporate fence-sitter. Indeed, HCT was founded following Thomas’ observation that many of his peers were not receiving equal opportunities for exclusive experiences. Fairness, therefore, is sure to be a cornerstone of the company’s upgrade into FinTech software.
Refreshing is the one word that springs to mind about Hayes Thomas’ approach to lifestyle management. Foremostly, it is refreshing in its importance on the relationship between financial oversight and lifestyle spending. But beyond HCT Finance’s cutting-edge approach to the sector, it is a company with the interests of its clients and the wider community at heart. That’s the result of a CEO with a progressive vision for the future.