Aug. 26 at 10:23 PM
vanguard buying altruist is genius for old school battle of ria aggregation
schwab and fidelity had the market frowned pretty much and horrible for pretty much everyone as a customer
now vanguard can offer ria’s another option
so maybe we finally get some innovation that benefits me and you the customer
josh at altruist did almost the I possible building a self clearing form and now a
$4.6 billion exit. wow
sets stage for brokerage 2.0 and real innovation in wealth management
we are investors all around this space in http://frec.com , http://secfi.com and http://synthetic.com and http://fiscal.ai and http://11th.com
biggest loser from my perch is apex clearing
$SCHW $IBKR $HOOD