Finmason is a financial technology company that helps retail investors understand how their porfolios work. This free service provides unbiased information about financial investments without selling any advice. The idea is to give everybody access to meaningful reports only Wall Street insiders and high networth individuals currently enjoy.
The first thing Finmason does is determine your FinScore: a number between 1 and 100 that determines how risky an investor your are. The higher the number, the riskier you are. Finamason compares this number to your shoe size for investment portfolios because it helps you determine whether a portfolio will fit or not.
The second step is to compare your retirement goals to your current portfolio and how much you save every month. The website allows you to connect your investment account automatically or to input the information manually.
Finmason may or may not change your investment and saving views but it will certainly improve your understanding of your portfolio and the kind of portfolio you need to meet your financial goals.
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