@kevincimring

FC BG/SBLC OFFER

2015-11-15T07:31:00.000-08:00

Dear, Partner/Associate ,

I am direct to a Swiss Provider offering BG/SBLC at the Price of 45+2 for 5M-900M Contracts and 40+2 for 1B-50B Contracts.

Revert if interested.

Email: paulbruggisser@gmail.com

Warm Regards,
Mr Buggisser R. PAUL

Redhawk appoints Jemstep to power its online wealth management service

2014-09-30T17:49:00.002-07:00

"As more advisers adopt online strategies to stay competitive in a changing market, a new deal struck between a traditional advisory firm and a Silicon Valley robo-adviser highlights how technology is disrupting the industry.
Redhawk Wealth Advisors, a registered investment adviser with a wealth management practice, and Jemstep Inc., also an RIA but with an algorithm-driven account aggregation and investment advice platform, have become partners, bringing online advice to help Redhawk's retail clients manage their investments, including funds held in their 401(k) accounts."

Full article from Investment News here

Farewell, Nelson Mandela

2013-12-09T15:58:00.000-08:00

Cover of Nelson Mandela

I am linking here to the tribute we posted on the Jemstep blog.
Rest in peace Madiba.

Jemstep: some recent coverage

2013-12-06T11:28:00.000-08:00

How to optimize your asset allocation - Main Street

Five Tools to Supercharge Retirement Planning - US News

8 Online Tools to help you manage your finances - Kiplinger

Five must have's for the winter season - Austin

Online Advisers enhance free services - Wall Street Journal

For advisers, new web threat looms - Financial Planning

Helping people lock in more for retirement - Investor Place

Best Investment Tools - InvestorJunkie
The retirement crisis is coming: Jemstep can help you - Venturebeat

Jemstep featured in WSJ piece

2013-09-07T17:10:00.001-07:00

Andrea Coombes recently wrote a piece in the Wall Street Journal, entitled Personalized advice without a person. The article covers the nascent but growing online wealth management industry, and Jemstep is proud to be one of the main companies featured in the article. It's one the best pieces written so far on our industry with a clear understanding of what the key players are bringing to market with their different offerings.

Earlier this year, Jemstep featured in another article in WSJ: New Bells and Whistles for 401K Plans.

Articles like these in the Wall Street Journal and other publications help spread the word about our offering, and its exciting to be helping more people every day manage their investment portfolios better and at a fraction of the usual cost.

Nerdwallet Jemstep Review: A New Portfolio Manager for Your Retirement Assets

2013-07-09T10:29:00.001-07:00

Extract:
"Is it working? Jemstep provides these impressive statistics to date:

More than 10,000 people are using Jemstep services and managing portfolios totaling more than $2 billion in assets.
Among them, nearly 20 percent of those who have received a personalized action plan have already improved their retirement outcome by implementing one or more of the buy or sell recommendations.
The average investor who follows Jemstep’s advice is projected to have an additional $290,000 to spend in retirement.

NerdWallet thinks that yes, Jemstep is definitely helping investors get on the best track for a comfortable retirement."

The full review is here:
Jemstep Review: A New Portfolio Manager for Your Retirement Assets

Jemstep in Moneymarketing (United Kingdom)

2013-06-14T13:55:00.000-07:00

Finovate conference 2013 via kevincimring

Thanks Ian McKenna: "[Jemstep] is a really exciting example of how qualified professional advisers with extensive experience in the industry are entirely reinventing their process to deliver enormous customer benefit for a fraction of the traditional cost of advice."

Article here: http://goo.gl/oHDfA

Jemstep News Roundup

2013-05-24T15:49:00.000-07:00

CNBC.com - 1996 (Photo credit: Wikipedia)

Fresh from Finovate last week, this week saw some continued momentum for Jemstep in the press, with good exposure on Forbes, CNBC, Fox and others.

It was a pretty awesome week! Here are links to some of the articles which mention Jemstep and the broader trends in the online investment space:

US News & Money| May 24, 2013
How to Track All Your Money From One Place <http://money.usnews.com/money/blogs/the-best-life/2013/05/24/how-to-track-all-your-money-from-one-place>

CNBC| May 23, 2013

Would You Take Financial Advice From an Algorithm?<http://www.cnbc.com/id/100761522>

Forbes | May 23, 2013

Retirement: You're On Your Own!<http://www.forbes.com/sites/simonroy/2013/05/23/retirement-youre-on-your-own/> (Article by Simon Roy)

FOX Business | May 22, 2013

Best (and Worst) Small and Mid Cap Funds for 20-Something Investors<https://secure.fox.com/proxy/www.foxbusiness.com/personal-finance/2013/05/22/best-and-worst-small-and-mid-cap-funds-for-20-something-investors/?intcmp=trending>

Newfination | May 21, 2013
At The Offices Of Jemstep With Simon Roy [Video Interview]<http://www.newfination.com/at-the-offices-of-jemstep-with-simon-roy-video-interview/>

Investor's Business Daily | May 17, 2013
Four Steps For Boosting Your 401(k) Account Balance<http://news.investors.com/investing-retirement/051713-656534-tips-for-building-your-401k-balance.htm?p=2>

Update

Wall Street Journal --- May 30, 2013
Bells and Whistles for your 401(k) http://online.wsj.com/article/SB10001424127887324102604578497062740882112.html

Jemstep at Finovate Spring 2013

2013-05-15T19:25:00.001-07:00

Thanks to Eric and Jim for a superb 2 days of fintech innovation. Well done on a great conference gents, we were glad to be part of it: Jemstep at Finovate Spring 2013

Smart Technology for your Portfolio

2013-05-10T10:53:00.001-07:00

About.com (Photo credit: Wikipedia)

Dana Anspach writes a valuable column for About.com, called Money over 55. Its about investing for retirement, a topic that's had more than its fair share of debate this week after PBS ran its television special, "The Retirement Gamble".

We recently demoed Jemstep Portfolio Manager to Dana, and she had this to say to her readers:

"A new online platform called Jemstep offers a service where you can link up your accounts, and in about 30 seconds it can do an analysis that it takes me three hours to do on an excel spreadsheet.
And it costs less than $70!
It is absolutely a phenomenal tool and for those of you who do your own investing, I think it would be money well spent.
For those of you who are advisors, it might be a tool you can employ in your business. I know it's something I'll be looking in to."

The full article can be read here: Smart technology for your portfolio

Many thanks to Dana for this fabulous vote of confidence!

Jemstep - Investor Junkie gives a winning review

2013-05-08T08:33:00.001-07:00

After mentioning Jemstep briefly in a few previous articles, Investor Junkie has finally come out with a comprehensive review of Jemstep Portfolio Manager. Thanks to Larry Ludwig for this great review which can be found here: Jemstep Review - Portfolio Manager Tool For Retail Investors.

Larry gets what we are doing on a number of levels, and its always awesome to see people appreciate some of the differentiating factors we bring to the market. One of those features is that we don't force investors to sell all of their holdings to migrate over to Jemstep. You can keep all of your existing accounts where they are, and save a bunch on capital gains in the process.

Larry also has a discount coupon on his site, giving one month's free access to the premium Jemstep service. So check it out if you haven't already.

Jemstep in Investor Junkie

2013-05-02T15:52:00.000-07:00

Thanks to Larry Ludwig over at Investor Junkie for his appreciation of what Jemstep has to offer the DIY investor. His latest mention of Jemstep is in this article, which is worth reading in and of itself:

Which Passive Investment Strategy is right for you?

Bloggers like Larry are really spending a huge amount of time understanding the online investment space, and if you are interested in the investing landscape and what options are available to you, this blog is worth following.

Best Investment Tool

2013-04-12T17:42:00.001-07:00

Thanks to Barbara Friedberg for giving Jemstep a big thumbs up in her post about the best financial tools online. :)

Jemstep featured in Bloomberg

2013-03-19T16:23:00.000-07:00

Ari Levy of Bloomberg wrote a piece entitled "Why you should consider taking financial advice from a computer" in which he profiled Jemstep, highlighting how Jemstep removes the bias typically associated with incentive-driven advice given by traditional brokers. Thanks to Ari for covering us and drawing attention to this nascent space.

I'd like to pick up on one point that struck me from the article. From our perspective, the objectivity of Jemstep's algorithmic-driven recommendations is a key factor, but is one of several that differentiates our service from traditional investment advice. However, the focus on objectivity as a major plus by writers and, perhaps more importantly, our users, has served to illuminate that the perception of product bias amongst brokers strongly persists. In fact, according to a Harris poll recently commissioned by Jemstep, 56% of U.S. adults who have a retirement portfolio do not think investment advisors work solely in their client’s best interest.

Even with the Dow scaling to all time highs, the fall-out from 2008/2009 is still being felt by many and the distrust of Wall Street that was engendered during that period will not be quickly erased. And with the existing incentive structures in place, conflicts of interest will be an evergreen issue. In this environment, and with consumers becoming ever more knowledgeable and self-directed when it comes to investment decisions, algorithmic-driven portfolio management services like Jemstep find themselves in an interesting space.

Invest Like The Top 1% Thanks To These 3 Revolutionary Changes | InvestingAnswers

2013-03-09T00:38:00.001-08:00

Recent guest article I wrote for Investing Answers: Invest Like The Top 1% Thanks To These 3 Revolutionary Changes | InvestingAnswers

Simon Roy Talks About Jemstep.com [Video Interview]

2013-03-01T16:36:00.001-08:00

Simon talks with Newfination about Jemstep in live interview (recorded on Google Hangout:). V cool.

Simon Roy Talks About Jemstep.com [Video Interview]

More Q&A from My Money Blog Review

2013-03-01T11:21:00.000-08:00

Evan Says:
February 26th, 2013 at 8:03 am
Where is the value received in the ongoing fee? Does Jemstep send email blasts when recommendations change?

Kevin Cimring Says:
February 26th, 2013 at 8:35 am
@Evan – much of the value is derived from periodic rebalancing to make sure you stay on track with the recommended portfolio. We send email alerts (and alerts on your dashboard) at least on a quarterly basis to show users the optimal “buys” and “sells” to rebalance effectively. We also update our recommendations if users change their profile, add more funds or accounts etc. In essence, we monitor your profile, portfolio and the market to make sure your portfolio is optimized.
The second aspect relates to the “glide path” embedded in our recommended portfolios. As users get closer to retirement, our portfolios automatically transition them to a more conservative portfolio – we similarly send alerts as to how to modify the portfolio to achieve this in the most tax efficient, cost effective way with the best quality funds.

Marketwatch review of Jemstep by Jennifer Openshaw

2013-02-28T23:20:00.000-08:00

Thanks to well known journalist, entrepreneur, author, national commentator and all-round respected consumer champion - Jennifer Openshaw - for the very positive review of Jemstep Portfolio Manager. What I respect most about this review is that Mrs Openshaw spent some time using the product and understanding it in depth before putting pen to paper. She took the proverbial Tesla for a test drive - put it through its paces - and I'm glad we came out where we did. Now its your turn to take a spin.

Jemstep Review - The Humble Broker

2013-02-25T12:04:00.002-08:00

The Humble Broker is doing a great job of exposing online personal finance and investment software to his readers. Here is his recent review of Jemstep Portfolio Manager.

Jemstep Portfolio Construction

2013-02-25T09:39:00.000-08:00

As I wrote in the previous post, one of the most frequent comments we see is that user's would love to know more about what goes on under the hood of Jemstep's investment technology. In an effort to simplify the user-experience, we have avoided ladening the site with long explanations of our investment methodology but its obviously important for some, and its something I believe we'll look at bringing to the forefront more and more.

Someone recently asked me about the principles we apply to portfolio construction. Aside from being based on the tenets of Modern Portfolio Theory, its worth noting that our portfolios were constructed in collaboration with Windham Capital, a leading investment and wealth management firm. Part of our reason for reaching out to Windham was to achieve our goal of making institutional quality portfolios accessible to the average investor and customized for the individual investor’s circumstances. Working in collaboration with Windham, here are some examples of the elements incorporated by Jemstep in its portfolio construction (with thanks to Simon Roy for helping me out here):

a. Selection of asset classes

We selected asset classes that, while delivering the most “bang for the buck” from a diversification perspective, are also suitable for individual investors and are asset classes that are likely to be familiar with. We have steered clear of exotic asset classes but for example, have included commodities and property, and are able to achieve a high degree of effective diversification.

b. Turbulence analysis and downside protection

The team included turbulence analysis in its portfolio construction. They partitioned historical returns into those associated with quiet periods and those associated with market turbulence. This separation allows them to evaluate risk parameters for each regime and stress test their portfolios. Windham analyzes amongst other things how different asset classes behave during these turbulent periods. Using a mean variance analysis we overweight volatile scenarios in the construction of our portfolios to ensure that our portfolios offer real downside protection while providing upside opportunity.

c. Understanding expected returns

Our portfolio construction also incorporates the Black-Litterman model. The model allows us to add judgement to our analytics and not follow the historical data blindly. For example, we are not expecting the same type of returns for bonds over the next ten years and we are able to modify our expected returns accordingly.

This type of insight into our portfolio construction offers comfort that our technology runs deep and employs the expertise of institutional investors of the highest echelon. When it comes to the actual selection of funds, we go even deeper and consider your individual costs basis, tax efficiency, fund quality, fees and even asset location ... but that's probably more for another post. Feel free to shoot over any questions you have about the Jemstep service and I'd be happy to share more.

My Money Blog: Jemstep review

2013-02-20T16:35:00.002-08:00

Jonathan at My Money Blog recently reviewed our new Portfolio Manager service.

One of the things that became more evident to me is that there is some work to be done in terms of exposing the depth behind our investment engine to users. At Jemstep we have tried to make the user experience simple and easy to use - not always an easy task when it comes to the complex question of investments. The trade-off has resulted in much of the complexity, depth and sophistication of our service being buried under the hood so as not to overwhelm users.

Here are just a few points I'd like to highlight that, judging from the comments, don't seem apparent to users:

- Jemstep’s service is aimed primarily at those investors who still want to retain some control over their investment portfolios. We developed the service in a way that allows them to keep their investments in their existing accounts and they do not have to transfer the assets to Jemstep. Importantly, liquidatIng your holdings to transfer them over to another service could result in a big tax bill. This is averted with Jemstep.

- Our allocations are more personalized than meets the eye. For example, inherent in our asset allocations are personalized glide paths - the transition to a more conservative allocation over time - which depend on a user’s age, starting assets, savings and risk profile – all optimized for poor market conditions.

- Our recommended buys and sells take into consideration fund quality (comparing over 50 different attributes of every fund) and fees, plus your own tax situation: we consider your cost basis and quantify your capital gains or losses. We also ensure you are holding the right assets in the right type of account (taxable vs tax advantaged).

- When it comes to bonds (which have been very much in the news lately), we don’t recommend long term bonds. All of the recommended bond funds have a duration of approx. 4 years or less - and - for older more conservative investors - we include a relatively heavy weighting in TIPS.

In an effort to simplify the user experience for our users and make the service easy-to-use, much of this is not readily apparent but I hope this brief note serves to highlight some of the depth behind our recommendations.

One of the users asked whether we are similar to Personal Capital. The services are pretty different and both work well for different types of investors. With Personal Capital, you transfer your assets to them to manage and are allocated an adviser - this is similar to a traditional wealth manager and more suited for people who wish to wholly delegate the management of their portfolios to a third party. Jemstep helps you self-manage all of your accounts (including your 401(k)) by giving you the exact list of investments that you should buy and sell in each account - all of this happens online and you need not speak to an advisor or transfer your assets out of your existing accounts.

Review of Jemstep Portfolio Manager

2013-02-05T10:53:00.000-08:00

Thanks To Carolyn Nicander Mohr at Wonder of Tech for this great Jemstep review. Its comprehensive and well written, and points out the key elements of why you should be using Jemstep Portfolio Manager to lock in more money for retirement! You can check out the review on the Wonder of Tech.

Jemstep wins Web Marketing Association Award

2012-12-11T11:31:00.002-08:00

Congrats to Jemstep's marketing team for doing awesome work every day and being recognised by this award: http://www.webaward.org/winner.asp?eid=18145.

Mutual fund fees as a predictor of success

2012-05-07T18:33:00.003-07:00

Jemstep recently posted an infographic on mutual fund fees which is worth checking out. Apart from the whole debate whether mutual fund fees are a predictor of success, they also call out the 5 most expensive funds with the worst performance. Check it out here: http://www.jemstep.com/blog/2012/05/are-mutual-fund-fees-a-predictor-of-success/.

Infographics are all the rage these days, but they really do drive home a point very well.

Blasting it in Costa Rica, Arenal Bike Race, March 2012

2012-04-03T15:35:00.000-07:00

Thanks to Dennis, Roni, Harry and everyone who made this such an unforgettable weekend. Solo Bueno!

@kevincimring

FC BG/SBLC OFFER

Redhawk appoints Jemstep to power its online wealth management service

Farewell, Nelson Mandela

Related articles

Jemstep: some recent coverage

Jemstep featured in WSJ piece

Nerdwallet Jemstep Review: A New Portfolio Manager for Your Retirement Assets

Jemstep in Moneymarketing (United Kingdom)

Related articles

Jemstep News Roundup

Jemstep at Finovate Spring 2013

Smart Technology for your Portfolio

Jemstep - Investor Junkie gives a winning review

Jemstep in Investor Junkie

Best Investment Tool

Jemstep featured in Bloomberg

Related articles

Invest Like The Top 1% Thanks To These 3 Revolutionary Changes | InvestingAnswers

Simon Roy Talks About Jemstep.com [Video Interview]

More Q&A from My Money Blog Review

Related articles

Marketwatch review of Jemstep by Jennifer Openshaw

Jemstep Review - The Humble Broker

Jemstep Portfolio Construction

Related articles

My Money Blog: Jemstep review

Review of Jemstep Portfolio Manager

Jemstep wins Web Marketing Association Award

Mutual fund fees as a predictor of success

Related articles

Blasting it in Costa Rica, Arenal Bike Race, March 2012