[DaedalusII]

you are right on beating money managers. when I said investment planning, I meant planning the size and tax structures for investments. this software automates all of the technical work that goes on inside financial planning firms, which is done by tens of thousands of white collar professionals in US/UK/EU, et c. it will then lead to price competitiveness.

more expensive silly companies will exist, but the cheap ones get the scale. SP500 index funds have over 1 trillion in the top 3 providers. cathy wood has like 6-7 billion.

BNYMellon is the custodian of $50 trillion of investment assets. robinhood has $324bn.

silly companies get the headlines though