Post Tagged with: "Personal Financial Management"

RobinHood Freemium could enable many new ‘Low Cost Active Alpha’ services

by March 17, 2015 at 4:21 am 0 comments

The equities broker model has been slammed by two waves of change: End of fixed commissions. This happened decades ago and simply opened the market up to competition. Internet. This is what enabled the human broker to be replaced by servers and led to e-brokerage firms such as eTrade, Charles Schwab and many others. Which brings…Read more RobinHood Freemium could enable a lot of new Low Cost Active Alpha services

Venture Profile: Darwinex is parsing the algo of great traders

by March 9, 2015 at 1:33 am 0 comments

An eon or two ago, trading rooms were noisy boisterous places. Watch the Wolf of Wall Street for flavor. Today, trading floors have a quieter more cerebral vibe. You might be hard pressed to tell the difference between a floor full of traders and a floor full of programmers. TheRead More

Social trading, low-cost active alpha and the democratization of Wall Street

Social trading, low-cost active alpha and the democratization of Wall Street

by February 5, 2015 at 12:10 am 0 comments

Social Trading means something like Follow or Like or Connect borrowed from social media, but instead of indicating “I like you”, it indicates “I like the way that you think about that investment enough to invest with you”. I call this “low cost active alpha”. My theory is that we are all experts in something…Read more Social trading, low cost active alpha and the democratization of Wall Street

Credit Karma Free Credit Data – Like Going To Car Dealers Knowing What They Know

by February 2, 2015 at 3:02 am 1 comment

Credit Karma caught my eye because they are on the WSJ Billion Dollar StartUp List. This led me to ask “how many real Fintech Unicorns are in the Billion Dollar Startup Club”. It is a short list with Square, Stripe, Lending Club and Credit Karma. Lending Club has broken outRead More

Why #Francogeddon Will Kill the FX Broker Model

by January 18, 2015 at 11:36 pm 1 comment

The Broker model is the heart of Wall Street. Brokers take a risk-free fee for executing a transaction. It has been a wonderful cash cow. As this book asks, “where are the customer’s yachts?” So why have many foreign exchange brokers gone bankrupt (and others lost most of their equity)Read More

Motif Investing And The Low Cost Active Alpha Space

by December 29, 2014 at 2:58 am 1 comment

The general Fintech category of Personal Financial Management (PFM) has two main sub categories: Tools to help you save and spend smarter. This as the personal P&L. Tools to help you invest smarter. This as the personal Balance Sheet. Within the latter, there are two main approaches: Passive, Beta. This is whereRead More

Nutmeg: cute name but those living off AUM fees won’t love it

by December 3, 2014 at 1:03 am 1 comment

When fixed brokerage rates got decimated by the double whammy of deregulation and digitization, banks and brokers sought refuge in Assets Under Management (AUM) fees. You can understand why, it is a lovely repeat business, with great revenue visibility and low churn. So it is no surprise that lots of digital disrupters are following Jeff…Read more Nutmeg: cute name but those living off AUM fees won’t love it

Ffrees heralds the banking utility future that customers want and bankers fear

by November 21, 2014 at 10:11 am 2 comments

You need to get past that clunky URL to understand Ffrees (yes, there are two f). It is worth it, trust me. Click here to avoid misspelling (you will find a very engaging video online and a clear pitch to simpler banking and zero overdraft fees). A current account is a service. (Read, “checking account”, […]

This European Fintech Unicorn Is Low Profile and Bootstrapped

by November 20, 2014 at 7:49 am 1 comment

Saxo Bank is low profile unless you have been deep into currency trading, but check out these numbers: 2011 Revenue: US$594m (3,526.9m DKK at 5.94) 2011 Profit: US$104m (617.8m DKK at 5.94) Apply a similar revenue multiple that is applied to a hot VC funded company and you get to north of that $1 billion […]

Covestor Using The Follower Model in Public Equities

by November 6, 2014 at 4:19 am 0 comments

Angel List uses the Follower model in early stage ventures, to great effect. Covestor is doing the same in public equities. I have no data on how they are doing; however I notice that they have not raised a round for over a year. Companies with a lot of momentum tend to raise ever-bigger rounds […]