Azer Karimov@azerkarimov

At Elara, we're on a mission to revolutionize wealth management by harnessing the power of AI. Our platform, Elara, is designed to empower financial advisors by automating tedious tasks, providing personalized client solutions, and fostering a vibrant community for growth and collaboration. We were inspired to create Elara after witnessing the challenges faced by advisors, who often juggle too many responsibilities and struggle to build deep, meaningful connections with their clients. Our vision aligns with insights from industry leaders like McKinsey, Accenture, and Deloitte, who have highlighted the growing need for AI-driven tools that provide actionable insights, reduce manual work, and offer hyper-personalized advice to keep clients engaged and loyal. With Elara, advisors can easily integrate our platform with their existing custodian platforms and CRMs, allowing them to interact with our AI through a simple, intuitive chat interface. We see tremendous potential in our target market, which consists of over 300,000 wealth managers in the US alone, with an annual influx of 1,600 advisors joining independent investment advisory firms. The WealthTech industry is experiencing rapid growth, with a projected value of $57 billion by 2030 and a 25% annual growth rate. At Elara, we're committed to standing out from the competition by offering a user-friendly interface, affordable tiered pricing, deep industry insight, and a strong referral network. We have a clear roadmap for success, with plans to launch a robust version of Elara in Q4 2024, followed by market entry and feature enhancements in 2025, and scaling, refining, and connecting in 2026. We've already made significant progress, having built a virtual automation feature and integrated with one of the most widely-used CRMs in the industry.