Halofina brings wealth management to millennials

Adjie Wicaksana, Halofina's CEO and co-founder © CompassList

Indonesian startup extends service once reserved for the rich to a wider market so the young can invest toward their life goals

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The term "wealth management" typically brings to mind high-net-worth clients and meetings with "relationship managers" in classy meeting rooms. Expert financial planning and advisory services have always been marketed toward wealthier individuals, many of whom are willing to pay top dollar to have someone else take care of their money.
Adjie Wicaksana thinks there’s an untapped market for financial planning among young professionals and millennials who may not yet be high-net-worth, but who are earning more money than their parents did and are looking to invest. Instead of investing...
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