Introducing Jump
Taking a moment to share what we're doing, and why.
When we began exploring ideas to found a company a year ago, the three of us (Parker, Tim, and Adam), looked at just about every industry imaginable.
We knew that the world was on the cusp of something big—ChatGPT had been released in November of 2022, and was taking the world by storm. The abilities it showed out of the gate were surprising to many people, including us. It illustrated just how far language models had come in such a short period of time.
But the capability itself wasn't the most important thing; the implications of rapidly improving language models on the future of work were staggering. If you projected out even a few years, it became clear that these technologies would dramatically affect everyone that uses language to communicate — and the more communication is necessary in a job, the more this would matter.
When we began looking into financial planning and wealth management based on this insight, it became clear that the opportunity was clear, real, and pressing. Financial advisors are under pressure from auto-investing robo-advisors that might be reasonable places to put money, but that discount too greatly the value that real advisors bring to the table: the human-to-human communication and relationship that leads to a true understanding of a client's financial picture, goals, and legacy.
We realized that these new advances in artificial intelligence could help financial advisors double down on this core value proposition. With an ability to understand deeply the communication that exists between client and advisor, we could build a holistic system that could to take away the meaningless work: the scribbling of notes, the clicking around in a CRM, the assignment and moving around of tasks, and checking compliance boxes.
And that's exactly what Jump does—by understanding the meaning in a conversation with a client, and a deep knowledge of how your firm operates, Jump is able to automate mountains of administrative work and let financial advisors do what only they can do: build a relationship with clients to make sure they get where they want to go.
We hope you'll join us on this journey. There's a lot of meaningful work to be done, and we're excited dive in.
About Tim Chaves
Tim is the COO and Co-founder of Jump. He's the former founder and CEO of ZipBooks, which was acquired by Divvy 2019 (subsequently acquired by Bill.com). He's a design nerd and software engineer who earned an MBA with Distinction from Harvard Business School in 2015.