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Kruml’s project management and domain knowledge will lead development of WorthPoint Indices and its growing Vault product
(June 4, 2024) – WorthPoint, the world’s largest pricing source for valuing art, antiques, and collectibles, announced today that Alan Kruml has joined the company as Vice President of Fin-Tech Indices Products. His addition to the WorthPoint team ushers in a new era for the company, which is developing products and services tailored to help consumers and financial institutions manage collections as economic assets.
“Alan was instrumental in starting WorthPoint in 2007, and his role will revolutionize how the company’s industry-leading database and expertise will reach new markets in the financial technology sector,” said Will Seippel, founder and CEO of WorthPoint. “Initiatives such as the WorthPoint Indices are the first product of their kind to further the evolution of financial services and advance collectors’ financial outcomes.”
The WorthPoint Indices is the industry’s first and most comprehensive index-linked investment product to measure price trends statistically. Proprietary software analyzes 800+ million fair market prices paid over the last 17 years to track market fluctuations across limitless collecting categories and individual investment-grade objects. Additionally, WorthPoint will publish a monthly index-focused newsletter tracking and explaining historic price fluctuations in key collecting areas.
The service complements the firm’s Vault collection management product. The Vault enables subscribers to curate custom inventories of valuable objects through photographs, purchase history, provenance, and more. The Vault’s proprietary WorthScore function tracks and reports an object’s real-time market value based on more than 800 million Price Guide entries.
Both WorthPoint Indices and the WorthPoint Vault solve longtime challenges for financial service industries—ranging from wealth management to trust administration, insurance, and appraisers—by elevating the security and worth of the collectors’ valuables, which are considered a facet of their total wealth.
Before joining WorthPoint, Kruml was the Chief Operating Officer of Winbourne Consulting in Arlington, Virginia. In that role, he was responsible for business operations and was a program manager for various technology-based solutions, primarily in the public safety area.
His previous employment has included positions as Chief Information Officer, consulting, and customer service roles in both large and small business venues. He has a BS from Benedictine University and an MBA from the University of Chicago.
Kruml’s extensive domain experience began as a child. He has been an avid collector since grade school and is an active buyer on eBay, CTBids, and MaxSold, as well as at shows and shops. His interests range from coins and currency to stamps, militaria, and objets d’art. When not engaged in corporate projects, he supplements staffing at a large coin and jewelry store in Northern Virginia.
About WorthPoint Corporation
WorthPoint is the world’s largest pricing source to value art, antiques, and collectibles, with access to 800+ million prices realized and 2+ billion images. Its WorthPoint Insider newsletter reaches over 130,000 subscribers weekly, the largest active audience in a $360 billion global marketplace.
In addition to its Price Guide, WorthPoint provides a database of over 257,000 Marks, an 18,000-volume reference Library, and over 8,700 Dictionary articles. These industry-leading research and data tools provide market pricing transparency and allow collectors and resellers to buy and sell more efficiently. More than 200,000 users visit WorthPoint.com daily, and the mobile app—now with visual search recognition—is available for iOS and Android.
Subscribe to the monthly WorthPoint Indices newsletter and the weekly WorthPoint Insider newsletter.
Media Contact:
Eric Bradley
Vice President, Public Relations
[email protected]
470-580-1238
WorthPoint.com
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