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Understanding Investment Fees and Automation
This chapter explores the intricacies of investment fees, emphasizing the need for transparency in brokerage services while warning listeners about hidden costs in 'free' trading options. The speakers discuss the evolution of financial investment choices over the last 15 years, especially in the wake of COVID-19, and introduce Nick, co-founder of Perla, focusing on the significance of automation in investment practices. Additionally, the chapter highlights the technological advancements in the financial sector, showcasing how partnerships and a focus on customer experience are reshaping trading and investment strategies.