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Louis Retief
Entrepreneur | Co-Founder & CEO at Hubly
Louis Retief is the Co-founder and CEO of Hubly, a process management system that provides efficiency and visibility to financial advisory firms.13 At just 28 years old, he has built a cutting-edge wealth tech company that powers hundreds of financial advisory firms.1
Professional Background:
- Co-founder & CEO of Hubly, a WealthTech company2
- Venture Mentor at entrepreneurship@UBC15
- Advisory Board Member at AMS of UBC Vancouver1
- Graduated from UBC Sauder School of Business
Career Highlights: Retief has five years of experience in the robo-advisory space and developed a passion for helping financial advisors enhance their service delivery.1 His leadership style is characterized by creating a culture of courage and integrity, focusing on empowering his team (affectionately called "Hublers").1 He is known for guiding his team through challenges and helping financial advisors find freedom to grow their businesses while delivering top-notch client service.1
Personal Insights: In a recent LinkedIn post, he reflected on entrepreneurship, noting that it is "painful and sometimes rewarding"4, demonstrating his candid approach to business and personal growth.
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
