Disrupting Finance From Above: Wealthfront
abovethecrowd.com
JUNE 17, 2014
Shouldn’t our access to technology and scale lead to lower rates than say Bulgaria? The same companies operate there and here. financial system does not operate as a perfect competition – in fact, it is far from it. If you look at the graph below, U.S. fees can be as much as 4.5X Checking Account Competition.
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