My Wealth Master

• My Wealth Master •

Overview

My Wealth Master is a digital platform designed to help individuals manage their investment portfolios and net worth more easily and effectively.
Through a unified dashboard, users can view their complete financial picture and receive AI-powered portfolio recommendations.
Goal: To make wealth management more accessible, transparent, and cost-effective for everyone.

The Challenge

Traditional wealth management is only accessible to high-net-worth individuals.
Users struggle to track accounts spread across different platforms.
Investment decisions are complex, with high information asymmetry.
Post-AI revolution, users expect smarter, predictive, and highly personalized solutions.

Process (Double Diamond Framework)

Discover: Stakeholder interviews + user research (MBA students, young professionals).
Define: “Democratise wealth management through accessibility + AI transparency.”
Develop: Wireframes → Prototypes → User testing.
Deliver: Interactive, AI-integrated MVP.

Research Insights

Target Audience: Young professionals, MBA students, beginner investors, and confident active investors.

Findings:

Users want to see all their financial data in one place.
AI-powered recommendations are trusted, but transparency is key.
A simple and intuitive interface is essential.
Combining financial education with investment support adds extra value.
Experienced investors emphasise the importance of customisation and a sense of control.

Persona

Age: 35

Occupation: Project Manager

Life Stage: Preparing to start a family

Location: London (assumed urban, career-focused setting)

Pain Points

Frequently searches for financial information online.
Feels overwhelmed by complexity → takes no action.
Occasionally consults financial advisors but finds it expensive and intimidating.

Goals & Motivations

Gain a clear overview of his financial situation.
Receive personalised, jargon-free advice on investments.
Understand tax implications of his decisions.
Try out safe simulations before committing real money.
Build long-term financial confidence.

💡 How We Can Help

Explore: Unified dashboard gives James a simple, consolidated view of his net worth and assets.
Grow: AI-driven recommendations explain choices and tax impacts in plain language.
Play: Sandbox simulations allow James to safely test ideas and build confidence.
Share: Can securely share portfolio insights with his partner, making joint planning easier.

Solution

Unified Dashboard: A single view of all assets and liabilities, with clear breakdowns of total balance, investment performance, percentage changes, and actual monetary gains/losses.

AI Portfolio Builder: Automated investment suggestions tailored to user risk profiles, supported by explainable AI that summarizes portfolio performance and provides a simple explanation of risks.

Sandbox Mode: A risk-free environment where users can experiment with hypothetical investments, gain financial experience, and build confidence before committing real money.

Insights & Education: Personalized learning content to help users make smarter financial decisions and understand investment strategies.

Secure Sharing: With one click, users can securely share their portfolio (as a PDF via email) with others. They can choose to share by percentage or monetary value, add encryption, and set a time limit for viewing.

Progress Tracker: Visualize net worth evolution, track gain/loss trends, and monitor overall portfolio growth.

Personal Alerts: Real-time notifications when markets move up or down, helping users react quickly to changes.

Onboarding

Before accessing WealthMaster, users complete a secure identity verification (KYC) process. They provide basic details such as legal name, date of birth, phone number, proof of identity, and address documentation. This step ensures compliance, prevents fraud, and builds user trust from the very first interaction.

Identity verification is structured into four clear steps:

Personal Details – Basic information such as name, date of birth, and phone number.
Proof of Identity – Upload of passport or driver’s licence.
Residential Address – Confirming the user’s home address.
Proof of Address – Supporting documents such as utility bills or bank statements.

This staged process makes verification simple, transparent, and user-friendly.

After identity verification, users:

Connect accounts – Select their bank or provider and integrate their financial data.
Agreements & protections – Review and accept the terms for data security and compliance.
Completion – Complete KYC and gain access to the platform.

Dashboard Overview

Users can view their Net Worth on a single, consolidated screen. The platform currently features six main screens (with the flexibility to add or remove screens based on user needs), which include:

Net Worth
ISA
Tax
Pension
Crypto

Each screen provides detailed breakdowns to help users understand their financial situation. For example, the Net Worthscreen includes:

A simple chart showing asset distribution
Liabilities overview
Wealth forecast

This structure allows users to quickly navigate between different aspects of their finances while accessing detailed insights on each category.

AI Assistance & Alerts

At the bottom of the same screen, users have access to AI-powered support, allowing them to request help on any financial topic at any time.

For stocks they want to track, users can create personalized alerts using the alert button. The system provides real-time notifications when markets move up or down, helping users respond quickly to changes.

Sandbox Experience

The Sandbox section is designed as a dedicated environment, visually separated from the main dashboard with a toggle switch and a darker interface. This design choice emphasises that the user has entered a different mode — a safe space to explore financial decisions without real-world consequences.

The goal of Sandbox is to build confidence for users who may feel uncertain about investing. Within this section, users can access:

Tax-saving strategies
Retirement planning simulations
Hypothetical investing templates

With AI-powered guidance, users can experiment, learn, and improve their financial literacy while gaining practical knowledge. Sandbox not only helps users test different financial scenarios but also supports them in growing the confidence needed for real-life decision-making.