From Mechanical Engineer to Investing App with Axel Thibon
From Mechanical Engineer to Investing App with Axel Thibon

From Mechanical Engineer to Investing App with Axel Thibon

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21 min
Business & Finance
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<p>In today’s episode, Jeff interviews Axel Thibon, the CEO of Wizest in Cleveland, OH. Axel is originally from France, he moved to the US 10 years ago to switch from a career as a Mechanical Engineer to Finance. Here in the US he managed a retail bank and built a bank from scratch on behalf of another institution. Out of frustration in managing the bank and when he was a mechanical engineer, Axel started Wizest to start learning how to invest to build wealth for his future and to help others.</p> <p>Axel and Jeff discuss:</p> <ol> <li>Started in France as a Mechanical Engineer, came to the US 10 years ago and switched to banking / Finance.</li> <li>Worked in a couple of large banks in Florida, as the head of strategy.</li> <li>Managed a retail bank that they acquired directly and also built another retail bank from scratch on behalf of another institution.</li> <li>Frustrated in his career and not knowing what to do to start investing to build wealth for his future, he started Wizest to be the solution.</li> <li>What makes Wizest different? The market has (3) investing solutions: 1) DIY &nbsp;2) Passive solution and 3) Financial Advisor.</li> <li>No investing option for the people who want the “Do it with me” option but don’t have 100-250K to invest with a financial advisor.</li> <li>Wizest was created to close this gap; in the app you can browse the portfolios of others and follow them.</li> <li>Objective not only B2C solutions but partnering with banks/credit unions and employers.</li> <li>Wizest is the solution for everyone who struggles with wanting to start investing but don’t know what to do.</li> <li>Wizest is going live soon, to keep up to date on the latest developments subscribe to their newsletter or sign up to get access at&nbsp; <a href="http://www.wizest.com/">www.wizest.com</a></li> </ol> <p>Fast Five Questions</p> <ol> <li>If you woke up and your business was gone, you have $500, a laptop, a place to live, and food, what would you do first?<em><strong> “That is funny, that wil

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