Monetize AI-Driven Financial Planning

Learn how to make money using AI in financial planning

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The Rise of AI in Financial Planning

AI is transforming the financial industry. With advancements in data processing, AI models can now provide comprehensive financial analysis, risk assessment, and personalized advice with incredible accuracy. This leap creates new opportunities to monetize AI-driven financial tools in financial planning.

In 2023, the global AI in finance market was valued at $8 billion and is projected to grow, reaching $43 billion by 2028. This rapid growth showcases the potential profits for those who dive into building AI financial tools.

Examples of Profitable AI-Driven Financial Tools

Robo-Advisors: These platforms are popular for automatically managing investments using AI algorithms. They offer financial advice, trade execution, and portfolio rebalancing.

AI-Powered Budgeting Apps: These applications assist users in tracking expenses and suggest budget-friendly modifications.

Predictive Financial Analysis Tools: Leverage AI to forecast market trends, enabling accurate investment strategies.

Essential Tools for Developing AI-Driven Financial Solutions

Utilizing platforms like Appaca can streamline the development of your AI financial planning tool. Appaca offers comprehensive features for building AI products and customizing models without needing extensive technical knowledge.

The key principles

Follow these 3 principles to transform an AI tool into revenue

Understand Financial Data

AI tools rely on accurate financial data analysis and interpretations for credible outputs.

Prioritize User Experience

Ensure your AI tool is intuitive and user-friendly for non-experts.

Leverage Marketing

Effective marketing strategies increase user acquisition and retention.

Steps to Monetize Your AI Financial Tool

Creating a profitable AI-driven financial planning tool involves several key steps.

  1. Identify Your Unique Value Proposition: Understand what sets your idea apart in the current market.
  2. Conceptualize AI Utilization: Determine how AI can enhance and support your financial tool.
  3. Create an Account on Appaca: This platform simplifies building AI-driven apps with its user-friendly features.
  4. Prepare Financial Data: Gather essential knowledge and insights in the form of files or web pages that will train your AI.
  5. Design the Interface: Develop an intuitive and appealing interface for your tool.
  6. Customize AI Models: Tailor the AI algorithms to fit your product’s requirements.
  7. Add Extra Features: Integrate features such as real-time notifications or goal-tracking abilities.
  8. Deploy a Marketing Strategy: Use focused advertising, content marketing, and social media to reach potential users.

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Enable AI in your app

Licode comes with built-in AI infrastructure that allows you to easily craft a prompt, and use any Large Lanaguage Model (LLM) like Google Gemini, OpenAI GPTs, and Anthropic Claude.

Supply knowledge to your model

Licode's built-in RAG (Retrieval-Augmented Generation) system helps your models understand a vast amount of knowledge with minimal resource usage.

Build your AI app's interface

Licode offers a library of pre-built UI components from text & images to form inputs, charts, tables, and AI interactions. Ship your AI-powered app with a great UI fast.

Authenticate and manage users

Launch your AI-powered app with sign-up and log in pages out of the box. Set private pages for authenticated users only.

Monetize your app

Licode provides a built-in Subscriptions and AI Credits billing system. Create different subscription plans and set the amount of credits you want to charge for AI Usage.

Accept payments with Stripe

Licode makes it easy for you to integrate Stripe in your app. Start earning and grow revenue for your business.

Create custom actions

Give your app logic with Licode Actions. Perform database operations, AI interactions, and third-party integrations.

Store data in the database

Simply create data tables in a secure Licode database. Empower your AI app with data. Save data easily without any hassle.

Publish and launch

Just one click and your AI app will be online for all devices. Share it with your team, clients or customers. Update and iterate easily.

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Don't take our word for it

I've built with various AI tools and have found Licode to be the most efficient and user-friendly solution. In a world where only 51% of women currently integrate AI into their professional lives, Licode has empowered me to create innovative tools in record time that are transforming the workplace experience for women across Australia.

- Cheyanne Carter
Founder @ Divergent Education

Licode has made building micro tools like my YouTube Summarizer incredibly easy. I've seen a huge boost in user engagement and conversions since launching it. I don't have to worry about my dev resource and any backend hassle.

- Andre Dean Smith
Founder @ ScreenApp.io

FAQ

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