In a world of roboadvisors, index funds, and algo trading, investors have learned to cut costs and simplify their investing. In some markets, over 90% of all trading is done by machines and we know markets are moved by large indices, not retail investors
It’s fair to say that we’ve lost that connection between an individual investor and the company behind a stock he or she owns. We may lack the connection but it’s also hard to come by the magic moment when an investor falls in love with a company and goes out to buy the stock to show his allegiance and affiliation.
Founder and CEO of Stockpile, Avi Lele joins us to talk about what it took to build a fractional share brokerage and how doing the small things right has positioned his company to just close a $15M investment round and launch in a big way.
Listen to the FULL episode
In this podcast, you’ll hear about the following:
Stockpile’s retail product and distribution strategy
How gift cards for stock works
How Stockpile is combining physical and virtual distribution strategies
How education plays a major role in investing discovery
The challenges and opportunities in building a fractional brokerage
Buying stock for your friend’s kid’s bar mitzva has never been easier than with Stockpile, the world’s first gift card for stock. The company just reported the closing of a $15M investment round with some high profile angels (Ashton Kutcher) and A-list VCs, Mayfield and Sequoia, participating.
RealtyMogul passes $150M milestone
Equity crowdfunding platforms seem to be hitting their early strides and RealtyMogul is enjoying the growth. The real estate-focused firm announced it had topped a total of $150M of investments transacted via its site.
Founded in 2010, InvestCloud makes use of a technology founder John Wise calls“Programs Writing Programs” to develop new software without having to write much new code. Advisors can select from thousands of applets located on a cloud-based platform to assemble their own client portals, CRMs, reporting tools, or even a robo-advisor.
Hip Pocket rolls out new app
Hip Pocket is launching a mobile app that offers savings suggestions and facilitates deposits based on users’ incomes and goals. Its “swipe-to-save” technology is intended to encourage Americans to save more with their local banks.
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