WealthProphet / How It Works

Built on a fundamentally
different foundation.

Most banks lend your deposits and hold a fraction in reserve. WealthProphet holds 100% or above — backed by US Treasuries or over-collateralised by institutional assets. This changes what "safe" actually means.

Reserve Structure

The difference between
fractional and full reserve.

When you deposit money at a bank, the bank lends most of it. They keep a small fraction in reserve — typically 3–10%. WealthProphet does not lend your deposits.

Conventional Bank

Your $100 deposit becomes $10 in reserve

Banks operate on fractional reserve banking. When you deposit $100, the bank loans out $90 and keeps $10 in reserve. Your money exists as a ledger entry — backed by loans the bank has made to other people. This is legal, normal, and how every high-street bank and most fintechs operate.

In a financial crisis, if those loans go bad, the reserve may not be enough. That is why government deposit insurance exists — to cover the gap the bank cannot.

Reserve held against your deposit
3–10% in reserve · 90–97% lent out
WealthProphet

Your $100 is backed by $100 or more in assets

WealthProphet does not lend your deposits. Reserve Cash is held in US Treasury instruments — dollar for dollar. Yield wallet and bond accounts are over-collateralised, meaning the assets held against your position exceed your balance.

This is not how retail banking works. It is how institutional custodians and sovereign wealth vehicles are structured. The structural safety of your capital is not dependent on insurance — it is built into how the accounts are backed.

Assets held against your position
100%+ backed at all times
Account Mechanics

How each account is backed.

Two structurally distinct product types — one anchored to US government debt, one to institutional capital strategy. Both overcollateralised. Neither fractional.

Reserve Cash — 4.3% APY

US Treasury instruments, dollar for dollar.

Your Reserve Cash account balance is held in short-duration US Treasury instruments through our regulated banking partners. Treasuries are obligations of the US federal government — the deepest, most liquid, and lowest-risk market in the world.

1:1 Treasury backing — every dollar has a corresponding Treasury instrument
$500,000 deposit insurance via regulated banking partners on top of structural backing
Never lent out — not used to fund loans or leveraged positions
Segregated from WealthProphet operating funds at all times
Yield Wallets & Bonds — 6–11% APY

Over-collateralised by institutional assets.

Yield wallet and bond accounts are backed by an institutional capital reserve and over-collateralised by the underlying fund's assets. This means the assets held against your position exceed your outstanding balance — not just match it.

Over-collateralised — assets exceed your balance at all times
Dedicated reserve fund — ring-fenced capital maintained as a liquidity buffer
Fixed yield contracted at opening — your rate is set by bond terms, not fund performance day-to-day
Never commingled with WealthProphet operating accounts or third-party positions
Market Comparison

How we compare to every alternative.

Same asset type. Same structure. Completely different returns and reserve structure.

ProductRateReserve StructureTermCurrency
WP Reserve Cash WP4.3%100% US Treasury-backedNone — fully liquidUSD
WP Liquid Wallet WP6%100%+ over-collateralisedDaily transactionalUSD EUR GBP CAD
WP Foundational Bond WP8%100%+ over-collateralised90 days fixedMulti
WP Strategic Bond WP11%100%+ over-collateralised180 days fixedMulti
Bank Savings Account Market0.5%Fractional (3–10%)NoneSingle
Fixed-Term Deposit / GIC / CD Market3–4.5%Fractional (bank balance sheet)30 days – 2 yearsSingle
Wealthsimple Private Equity Market~9% historicalVariable (fund assets)6+ monthsSingle, not fixed
Regulation

Three jurisdictions. All verifiable.

🇬🇧
England & Wales

WealthProphet Limited · Companies House No. 15782644 · Incorporated 16 June 2024 · 71–75 Shelton Street, Covent Garden, London WC2H 9JQ. Verifiable at Companies House.

🇺🇸
United States

Registered Money Services Business (MSB) with FinCEN — Financial Crimes Enforcement Network, US Department of the Treasury. Compliant with US federal AML and KYC requirements. Verifiable via the FinCEN MSB registrant search.

🇸🇪
Sweden / European Union

Private trust licence under EU Anti-Money Laundering Directive standards. Trust structures available through Jersey (Channel Islands) and South Dakota (USA) — two of the world's most established private trust jurisdictions.

Common Questions

Questions about how it works.

Is my money actually safe if WealthProphet failed?+
Reserve Cash is held in US Treasuries and covered by $500,000 deposit insurance — both of which exist independently of WealthProphet's continued operation. Yield wallet and bond accounts are held in over-collateralised institutional positions. In all cases your capital is segregated from WealthProphet's operating funds and accessible through the custodial chain. The structural protections are not contingent on WealthProphet remaining solvent.
What does "over-collateralised" mean in practice?+
When the assets backing your position exceed your outstanding balance — for example, $110 in institutional assets held against every $100 you've deposited — your position is over-collateralised. This means there is a buffer even if asset values fluctuate. It's the same principle used in institutional repo markets and sovereign bond collateralisation. Most retail savings accounts have no comparable structural buffer — they rely entirely on government deposit insurance.
How is the 30-day Liquid Wallet notice structured?+
The Liquid Wallet is a full transactional account — you can spend, transfer, and wire from it every day with no restriction. The 30-day notice applies only if you wish to withdraw your entire balance as a lump sum. This protects all clients by managing redemption timing within the collateralisation structure. We always try to accommodate faster access when genuinely needed.
Are fixed bond rates guaranteed regardless of what happens to the underlying fund?+
Your bond yield is contracted at account opening and paid per the terms of your bond — it is not directly tied to the fund's daily performance. The fund is the underlying asset that generates the returns from which your bond is paid. As with any structured product, the underlying asset carries its own risk profile, and your contracted rate reflects the fund's ability to generate the required return. The over-collateralisation and dedicated reserve fund are the structural protections against shortfall. For a deeper explanation of how the underlying strategy works, see our Infrastructure page.
How does the concierge model work?+
Every WealthProphet client has a dedicated relationship contact — not a call centre, a named member of your team. All transactions, account changes, and service requests can be handled through a single message on Signal, Wire, WhatsApp, or iMessage. Your concierge learns your patterns, builds templates for recurring transactions, and handles complexity you shouldn't have to manage. The app is available when you want it. Your concierge is available when you need it.

Want to understand the algorithm behind the returns?

For clients who want to understand the institutional strategy, the non-correlation methodology, and the quantitative framework behind the yield — the infrastructure detail is available in full.

The Infrastructure → Open Account