Levin: Three megatrends are reshaping modern wealth management
Josh Levin · a16z Podcast | How Technology Is Changing Investing · Jan 2, 2019 · at 1:09
Josh Levin, co-founder of OpenInvest, outlines macroeconomic shifts in retail and institutional wealth management on the a16z podcast.
0:00 / 0:12exact quote · 12.5s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“I think the three big mega trends in wealth management you should know about is a move towards passive investing. A move towards interest in socially conscious investing, and then just better digital tools, awesome digital interface.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Josh Levin
Levin: Investors will rent cloud strategies in a post-fund future
“There's a post fund future coming, right? Why are we all in these cookie cutter vehicles? Why is the banking system built on slogging them? Because you're pulling against certain costs, namely transaction costs. What happens as transaction costs go to almost z…”
Levin: OpenInvest is onboarding a pension fund for mobile proxy voting
“We're currently onboarding an entire pension fund, and the pensioners themselves are going to be voting in real time on environmental and social political issues on their smartphones.”
Levin: Individual shareholders own nearly 80% of US equities markets
“Even just taking the individual shareholders directly and indirectly own nearly 80% of U.S. Equities markets.”
Levin: OpenInvest enables Tinder-style shareholder proxy voting via smartphone swipes
“We just released the ability for clients to vote in shareholder resolutions with a swipe on their smartphone, like Tinder”