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A comment on UBS Acquires Wealthfront for $1.4B. Parent comment

Re:UBS Acquires Wealthfront for $1.4B by hotpotamus on Wednesday January 26, 2022 @04:35PM (#30092263)
> it's rather a race to the bottom in pricing with razor thin (or non-existent) margins

Isn't that the point of automation? Doesn't the saying go, "your margin is my opportunity"?

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Re:UBS Acquires Wealthfront for $1.4B by rco8786 on Wednesday January 26, 2022 @05:02PM (#30092621)
If you can get the volume, yea. But seems like the total robo market is smaller than everyone thought.
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