WealthMaker

Aspire Creating Wealth

Offer

Funding Goal
$4,000,000
Minimum Reservation
$10,000
Deal Stage
Bridge to Series A
Term Length (Months)
6 months
Valuation Cap
$25,000,000
Maximum Reservation
$100,000

Overview

Summary

Apple’s iPhone combined well established products, e.g. phone, camera, radio, GPS, TV, internet, etc. in the one easy to use device using advanced computer chip and software technology. Similarly, Aspire> combines well established products into one debt management and wealth creation solution.
The disruption in the financial services sector is primarily in the payments area, there is no or minimal disruption occurring in the mortgage area. Aspire> is the exception.

 

Problem

The average American has 3 key challenges:

⦁ Inability to invest because they are paying off their mortgage
⦁ Inadequate retirement savings (Average 401K balance is $92k)
⦁ Managing the financial impact of increasing life expectancy

 

Solution

WealthMaker’s Aspire> product addresses the problem directly by allowing you to own your own property while simultaneously investing and it all starts from NOW.

Using the same monthly mortgage payment as a standard 30 year fixed rate mortgage, Aspire> allocates a percentage of the principal repayment amount into an investment product and the dividends are paid to the mortgage. The investment balance may be used to pay off the residual mortgage balance early. For example, on a typical 30 year fixed $400,000 mortgage at 6%, historical S&P returns will pay off the mortgage in 25 years and 8 months and save you $115,134, or alternatively the mortgage could be allowed to run its full term. After paying off any outstanding mortgage balance you are left with an investment portfolio of $177,724. (See video).

 

Target Market

⦁ Couples earning $120,000 or more or single people earning $80,000 or more
⦁ People who have previously owned a home or professionals if first time buyer
⦁ Financially literate, understand importance of long term financial strategy

 

Competitors

Our closest competitors are financial advisors with structured products.

 

Competitive Advantage

The disruption in the financial services sector is primarily in the payments area, there is no or minimal disruption occurring in the mortgage area. Aspire> is the exception.

⦁ WealthMaker is using ‘Blue Ocean’ Strategy, creating a market where none currently exists
⦁ Product is patented
⦁ First to Market with new type of Mortgage/Investment combination

 

Marketing Strategy

WealthMaker's marketing strategy is to seek partners or create the organizational infrastructure to support and promote Aspire>. Including:

⦁ Set up a Gap Protection company or identify partner
⦁ Acquire a shell or operating mortgage bank:

⦁ Which has HUD Eagle status which and allow for normal mortgages to be originated
⦁ HUD requires Eagle status mortgage banks to have a net worth of $1Million
⦁ These funds are held on deposit and are not at risk, unlike working capital

⦁ Reconstitute the shell mortgage bank into an active mortgage bank that will originate QM mortgages
⦁ Seek out Series 7 SEC licensed financial planner to either partner or recruit. If recruited then obtain necessary licences
⦁ Identify and contract mortgage servicer to work with WealthMaker

 

Revenue Model

The Revenue Streams for WealthMaker are asset management fees from the Aspire> Fund and patent license fees.

The Aspire> fund revenue model may include:

⦁ Origination and financial planning fees
⦁ Net interest margin
⦁ Asset based income from the S&P 500 index fund
⦁ Asset based income from the Gap Protection pool
⦁ Gap Protection Pool surplus / (deficit)

 

Funding

⦁ WealthMaker seeks to raise $4Million (after raising costs) in equity capital in the first investor round for preferred shares
⦁ WealthMaker currently has commitments of $100,000

 

Exit Strategy

Current Investment Round (Bridge to Series A)

⦁ WealthMaker seeks to raise $4Million (after raising costs) in equity capital in the first investor round for preferred shares
⦁ Expected Return on Investment (ROI) of nearly 50% in years 3, 4 and 5
⦁ Shares to convert to ordinary in the event of sale/IPO