The Meb Faber Show - Better Investing cover image

Jason Wenk, Altruist - How To Make Financial Advice Better, More Affordable & Accessible To Everybody | #376

The Meb Faber Show - Better Investing

CHAPTER

The Big Custodians Love Their Mutual Funds

The average account, i think at swab, has like 16 % or something in cash. That's basely earning no money, and probably getting charge and advisory fee. These are not good things for people. They make your outcomes worse, not better. So that will make em better. We want to make it easier for people to have e t f portfolios, fractional shares. None of the other custodians have those tools built in. Buy some other solution. Try to handle i imigration conseaquently. There's only so much time in a day if you're just opening an account ten times more than before. If you really properly care for what you can serve out

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner