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shmatt | 1 year ago

This would explain only $10M in AUM within 3 months. Id guess just the commenters on this thread hold 10x that in etfs and funds

If a big bank launched this it would have $1B in AUM within less than an hour

discuss

order

TuringNYC|1 year ago

>> If a big bank launched this it would have $1B in AUM within less than an hour

I love the M1 product (and while I am not a Double customer, I love the value proposition). Note that ShareBuilder (eventually Capital One), FolioFN have tried and didnt get traction.

Fidelity has "Fidelity Basket Portfolios" and I'm assuming they have no traction -- the product is broken 3 of 5 days of the week, and almost nothing works. I could file a dozen Jira SEV-1 bug tickets "Fidelity Basket Portfolios" is so bad.

Chase has a basket product but it is barely surfaced on their OneVest menus.