AI Investment Advisors and Net Worth Tracking for Private Investors | Andrew Izyumov - EP47

Andrew Izyumov, a former Goldman Sachs principal investing director, breaks down how his company 8FIGURES is building an AI investment team and net worth tracker to give private investors the kind of portfolio management that used to be reserved for institutions. Andrew Izyumov spent over a decade at Goldman Sachs, starting as an intern in 2009 in the middle of the financial crisis and working his way up to Executive Director before leaving in 2021. Along the way he worked out of Goldman's Moscow office as part of the firm's global special situations group, invested in more than 20 early-stage startups as an angel investor, and eventually set out to bridge the gap between institutional-grade wealth management and everyday private investors.In this episode, Andrew joins host Steven Weinstock to talk about his path from KPMG to Goldman to founding 8FIGURES, an SEC-registered AI investment advisor and net worth tracker. Andrew explains how the app lets users connect brokerage, bank, crypto, and real estate accounts in one place, and how a team of AI agents — trained as a portfolio manager, risk officer, tax advisor, financial planner, and equity research analyst — analyze a user's full portfolio to deliver personalized recommendations, including on individual stocks.Steven and Andrew dig into how 8FIGURES prices its product (a free tracker plus a $20/month AI advisory tier), who the platform is really built for, and how it handles the trickiest asset class to track: real estate, including levered and unlevered returns, mortgage-linked home equity, and small LP stakes in larger real estate funds. Andrew also explains why 8FIGURES never takes custody of user funds, and why that changes the incentives behind the advice it gives.Guest bio: Andrew Izyumov is the Founder and CEO of 8FIGURES, an AI Investment Team and Net Worth Tracker for private investors. A former principal investing director at Goldman Sachs, he has underwritten institutional deals and made early-stage angel investments in more than 20 startups.Guest links: Website: eightfigures.com LinkedIn: linkedin.com/in/andrewizyumov YouTube: youtube.com/@8FIGURESHQ X: @8figureshq Instagram: @8FIGURESHQKey takeaways:8FIGURES connects brokerages, banks, crypto, and real estate into one tracker, free, with AI advice as a $20/month add-onA team of specialized AI agents (portfolio manager, risk officer, tax advisor, planner, equity analyst) cross-analyzes a user's whole portfolio, not just single positionsThe platform is SEC-registered and never takes custody of user funds, which Andrew says removes the incentive to push specific productsReal estate is the hardest asset class to automate — levered/unlevered returns and LP fund stakes still require manual inputMost users fall in the $100K–$1M net worth range, well below the "eight figures" the name aspires toTimestamps: 0:00 – Introduction to Andrew Izyumov 0:53 – From KPMG to landing a job at Goldman Sachs 1:47 – Starting at Goldman's Moscow office during the 2008 financial crisis 2:04 – Goldman's exit from Russia after the Ukraine war 3:19 – Life today, based in Cyprus and traveling 5:06 – What is 8FIGURES? AI investment advisor and net worth tracker 6:02 – Navigating financial advice regulation as an SEC-registered advisor 6:21 – Global users and where the name "8FIGURES" comes from 7:16 – Who the platform is really built for 8:42 – Target age range: 25 to 50 9:41 – Pricing: free tracker, $20/month for AI advice 12:40 – Tracking real estate: levered and unlevered returns, mortgages, home equity 13:54 – Tracking small LP stakes in real estate funds 16:11 – Why real estate still can't be fully automated 18:09 – Investor profiles and AI memory for personalized advice 19:27 – Does the AI recommend specific stocks? 20:41 – Why not taking custody changes the incentives 22:59 – Is 8FIGURES live? Available now on the App Store and Google Play 24:19 – Where to find Andrew and 8FIGURESSend The Host, Steven Weinstock, a comment 🎙 About Steven Weinstock Steven Weinstock is a real estate investor and founder of WeCapital and the Goethals Capital Fund. Since 2001, he has built a diverse portfolio of residential and multifamily assets while helping investors access passive income through strategic real estate opportunities. On this podcast, he shares real-world insights on investing, capital raising, and what it really takes to build and scale in today’s market.📩 Want to invest or get in touch? Visit: www.WeCapitalX.com📱 Connect with Steven: LinkedIn: www.linkedin.com/in/stevenweinstock1Instagram: https://www.instagram.com/wecapitalx/ YouTube: https://www.youtube.com/@TheWealthClockPodcast