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Louis Retief
Entrepreneur | Co-Founder & CEO at Hubly
Louis Retief is a Fintech entrepreneur with a passion for personal finance, financial advice, and technology. He is the Co-Founder & CEO of Hubly Inc, a company focused on developing enablement technologies and tools for financial advisors to enhance scalability in their services and processes.
Louis Retief studied Bachelor of Commerce (BCom) with a specialization in Finance and Business Technology Management at Sauder School of Business. His educational background equipped him with a strong foundation in finance and business technology, laying the groundwork for his entrepreneurial ventures in the Fintech industry.
In addition to his role at Hubly, Louis Retief has contributed to various organizations in different capacities. He served as a Venture Mentor at entrepreneurship@UBC, showcasing his dedication to fostering entrepreneurship within the academic community. Furthermore, his involvement as an Advisory Board Member at AMS of UBC Vancouver reflects his commitment to supporting student organizations and initiatives.
Prior to founding Hubly, Louis Retief gained valuable experience through internships and leadership roles. His positions at Wealthsimple as a Finance Project Management Intern and Finance Intern provided him with insights into the financial industry. Additionally, his tenure as the Vice President Finance, Associate Vice President Finance, and Finance Commission Vice-Chair at AMS of UBC Vancouver highlights his leadership and financial acumen.
Louis Retief's entrepreneurial journey with Hubly exemplifies his drive to innovate and improve the financial advisory sector. Through Hubly, he aims to create impactful technologies that empower financial advisors to deliver enhanced services efficiently. To learn more about Louis Retief and Hubly, visit http://www.myhubly.com/.
Highlights
"Entrepreneurship is painful and sometimes rewarding."
This quote naturally came out during a check-in call with my good friend and fellow entrepreneur, Gilad, who is building a great product at Sequence (I just wish they were available in Canada) 😢
As soon as I said it, both Gilad and I reflected on how true that statement is in describing the journey of building something.
Shoutout to all the business owners and entrepreneurs out there taking the pain with a pinch of reward.
#startupjourney #pain #entrepreneurship #grit
Thoughts on a Money Movement Tracker for RIA firms? 🤔
Three months ago, I made a fun post about the pain RIA firms experience dealing with over 14 different money movement workflows—like New Account Openings, Account Transfers, ACH Instructions, Conversions, etc
Since then, I’ve been posting a variety of content, intentionally steering clear of directly mentioning workflows or processes. I believe it’s more important to understand and speak to the the use-cases that need to be tackled with workflows, processes and automations.
Interestingly, that money movement post has outperformed any other use-case post in terms of LinkedIn impressions by more than 7X!........Either my hair looked really good in that post, or maybe its because I mentioned ABBA, or there’s a legitimate use case pain point that needs to be solved for money movement tracking 💸
I've been experimenting with different interface designs, pondering how we could evolve Hubly's Money Movement Workflows through an interface that provides more visibility, control, and insights into all the ongoing money movements for a firm.
Here’s my draft design mockup, which might be more relevant for Hubly customers, but I’m sure any advisors and back-office teams in my network could resonate with this type of interface for managing the volume of money movements you track. Essentially, you can turn a workflow into a "Money Movement" workflow, which then automatically creates an audit ledger for that workflow. It also provides an insight button where you can "Track Money Movement," displaying a modal that summarizes the money moved through the "Account Opening Workflow" for example.
Thoughts or feedback on this? I would love any comments on how firms are currently tracking their money movements. Spreadsheets? Custodian Interface? Hope?
#usecases #operatingsystem #riaworkflows #moneymoneymoney #designinspo
