Ep 159: Rewriting the Rules of Finance | A conversation with Yvette Butler, CEO, Founder of Hive Wealth
Apr 22, 2024
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Yvette Butler, CEO and founder of Hive Wealth, discusses making finance inclusive through AI-powered planning. Topics include rise of black investors, importance of financial planning, budgeting tools, AI integration, community support in financial journeys.
Yvette Butler's journey inspires reshaping finance by addressing consumers' needs and fostering innovation.
Hive Wealth aims to democratize financial planning through AI-driven tools, promoting generational wealth and community engagement.
Deep dives
Yvette Sadler Butler's Financial Journey and Hive Wealth
Yvette Sadler Butler's impressive financial career journey from top financial institutions to founding Hive Wealth is a masterclass in reshaping finance. Her focus on problems consumers face spurred innovations, like Charles Schwab's institutional solutions. Yvette's passion for technology and finance led to Hive Wealth, which aims to make finance inclusive for everyone.
Realization Leading to Starting Hive Wealth
Yvette recognized a pattern in her career where she aspired to be an entrepreneur to foster innovation in the financial sector. She identified the need to make banking and wealth management relevant and accessible to the next generation, leading to the inception of Hive Wealth. The goal was to create a platform where money conversations include sharing money secrets, mistakes, and wins to build generational wealth.
Democratizing Financial Planning and Wealth Building
High Wealth is focused on democratizing access to financial planning and wealth-building tools through AI-driven personalized recommendations. Yvette emphasizes the importance of building generational wealth by starting early, making informed financial decisions, and providing communities for support and collaboration. The platform promotes financial literacy and community engagement to empower users in achieving their financial goals.
Overcoming Financial Obstacles with Hive Wealth
Hive Wealth addresses financial challenges by offering tailored paths for different user personas like professionals, gig workers, and small business owners. The platform guides users on topics like emergency funds, retirement savings, and investments based on their profile and needs. It aims to support users in navigating complex financial decisions and building resilient financial futures.
In this conversation, Yvette Sadler Butler, CEO and founder of Hive Wealth, discusses her journey in the financial services industry and how it influenced the creation of Hive Wealth. In it, she shares her vision of making finance more inclusive and accessible to everyone through financial planning powered by AI.
The conversation explores the rise of Black investors in the stock market, the importance of financial planning, the need for budgeting tools and how AI (artificial intelligence) is incorporated into the Hive Wealth experience.
It concludes with Yvette sharing some of the early reactions to the Hive Wealth experience, how Hive Wealth improves financial decision-making, investment strategies, and long-term planning. To learn more about Hive Wealth, visit https://www.hivewealth.com/.
About Yvette Butler: After 30 years at the intersection of digital and wealth management, Yvette launched Impart Media to close the racial, gender and generational wealth gap. She believes that we should all have an equal opportunity to create an enduring legacy. Yvette is the former President of SVB Private, the modern private bank for innovators.
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