![\"Mark](\"https:\/\/riskinfo.com.au\/news\/files\/2015\/06\/Mark-Bouris.jpg\")
<\/a>Created by Yellow Brick Road Wealth Management, the program combines technology with financial coaching, offered at a low ongoing fee of $600 per year. A core element of the program is an interactive tool called GURU, which calculates the user\u2019s likelihood of achieving their financial dreams based on their situation today.<\/p>\n
Customers use GURU to complete a \u2018discovery session\u2019, during which different money decisions can be tested against desired goals over the short and long-terms. GURU then generates a \u2018Roadmap\u2019 that captures the steps required to achieve the user\u2019s goals. These two elements of the program are offered free-of-charge.<\/p>\n
The financial planning indust is ripe for disruption<\/p><\/blockquote>\n
\u201cGURU draws on the best of robo-advice technology and uses tens of thousands of calculations to let you see your future, as it stands today. Then it puts the control in your hands to discover the best path forward. It\u2019s an empowering and sobering session,\u201d said Yellow Brick Road Executive Chairman, Mark Bouris<\/strong>.<\/p>\n
The third and final part of the program is supported by a Yellow Brick Road money coach, who can manage the implementation of the steps set out in the Roadmap.<\/p>\n
To address the unaffordability of financial planning, Yellow Brick Road says it has created entry-level pricing that will challenge the traditional model. Actioning a Roadmap will start at $900 for the first year, and $600 for every subsequent year.<\/p>\n
\u201cThe financial planning industry is ripe for disruption and Yellow Brick Road is rising to the challenge. Australians are sick and tired of an industry that cannot provide them simple, affordable financial check-ups and guidance, regardless of income and assets,\u201d Mr Bouris said.<\/p>\n
\u201cThis model will finally give the 80% of Australians \u2013 who don\u2019t access financial advice \u2013 a solution that works for them.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
A new \u2018robo-advice\u2019 solution has been launched with the aim of giving individuals more control over their financial situation.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,5,7],"tags":[],"class_list":["post-29934","post","type-post","status-publish","format-standard","category-dealer-groups","category-services","category-technology","headers-new"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/29934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=29934"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/29934\/revisions"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=29934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=29934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=29934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}