This summer, my new AI wealth advisor, Mezzi, discovered roughly $300,000 of Google exposure I didn't know I had. It sounds a little absurd, given the amount. But I've been investing in Google for over 15 years, and with a complicated net worth it's hard to track everything accurately when your mind anchors to old price points.
Weeks after I trimmed the position, Google sold off about 10%. I sidestepped over $20,000 in losses.
Then I did something I'd never done in 17 years of writing about money on Financial Samurai. I invested in the company.
As an AI maximalist, I'm always hunting for new AI products that help build wealth, and for promising private AI companies to invest in. Mezzi turned out to be both.
So I sat down with Manish Jain, CEO and co-founder of Mezzi, over lunch in San Francisco and then again for this episode. We get into:
- Manish's entrepreneurial path and why he left JPM to build Mezzi
- Why he built an AI wealth advisor instead of another robo-advisor
- What Mezzi surfaces in a portfolio that most investors miss, from overlapping positions to fee drag
- Where AI wealth management goes next, and the parts it still can't do
Sign up for Mezzi AI for free today. Use code: FS30 to save 30% off the premium plus version.
Disclosure: I'm an investor in Mezzi, an affiliate partner, and Mezzi sponsors this podcast. I only partner with companies whose products I use myself. If Mezzi weren't already open on my laptop most weeks, this episode wouldn't exist.
