Rosecut, the digital financial planning partner and investment manager, today announces free new tools that give people financial insights and guidance previously accessible only by working with expensive professional wealth managers.

Users can get a complete picture of their current financial situation and a projection of their future finances on the Rosecut platform.

The Strategy Board, Personal Balance Sheet and lifetime Cash Flow projection make predictions based on the information users input about their circumstances and future plans.

The tools combine powerful technology with expertise from former private banking advisors to show clients how small changes made to financial decisions today can have a big impact on financial outcomes later in life. Rosecut’s offering to its clients is that you can control your financial future and live the life you want.  

Qiaojia Li, Co-founder and CEO of Rosecut, explains: “The right financial planning today can transform how much wealth you have in the future, but most people don’t have access to the information and knowledge they need to make the financial decisions that will help their future selves. Our new cash flow tool uses financial modelling that until now has only been accessible to the uber-rich who have professional wealth managers. We’re breaking open the secretive and opaque private banking industry by giving universal access to that level of financial knowledge.”

Rosecut’s personal wealth balance sheet helps users map out their total income, total spending (both annual and one-off), all investable assets and liabilities. It also guides them to put aside adequate emergency funds needed in cash. 

Once the wealth balance sheet has established an investor’s level of liquid wealth and thus their assets available to invest, the cash flow projection provides a visualisation of the current trajectory of their financial position over time, to retirement age and beyond. 

The strategy board is where users can get context around the financial decisions they are making - such as their asset mix, level of savings, income level, liquidity ratio and ideal retirement age - and where they can tweak some of those decisions to see how changing the way they live now can affect the life they live in the future. Informed by the wealth management expertise of the Rosecut team, a list is also provided with suggestions of the most meaningful improvements that can be made to a user’s financial situation and wealth.

Qiaojia Li, comments on the importance of clients being able to build up a full financial picture: “Creating wealth is easier than maintaining it. To live the life we want, we often focus on earning a good income, but that’s not enough if you want to also secure the life you want in the future. The recent personal finance tech products - often referred to as Robo-advisors - have given many people a useful introduction to investing, but really only cover the ‘last mile’ of how clients should invest. They don’t give people the advice they need before they can decide how best to invest. That is where tools like the strategy board help us deliver a service normally reserved for millionaires to a much wider market.”

To register and try the free planning tools now, visit https://app.rosecut.com/.