UK-based advisory firm Hoxton Capital Management is set to roll out a wealth management app to its clients.
The app, Hoxton Wealth, will offer users access to their personal portfolios in real-time, according to Hoxton.
The high net-worth expatriate market is a particular target for Hoxton.
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“There is a surprising level of consistency in the lives of professional individuals whose careers have taken them overseas,” said Alan Turner, marketing director at Hoxton Capital Management.
“When you make the decision to leave your home country, a set of balls are thrown up into the air. Your financial and administrative life becomes much more complicated than the average person, something which is only accentuated the longer you live abroad,” added Turner.
The app will also include a ‘wealth flow’ feature to model the retirement cash flow required by users based on their assets.
