Abraham: Public's incoming account transfers primarily come from legacy incumbent brokerages
Leif Abraham · The AI Brokerage Quietly Taking on Schwab, Fidelity & Vanguard · Sourcery with Molly O'Shea · Apr 17, 2026 · at 3:21
Public Co-CEO Leif Abraham explains where customer assets transferred via the ACAT system into Public originate.
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“Actually if you look at where people ACAT accounts from, You know, where they like consolidate brokerage accounts from for us. It's Schwab, Fidelity, E-Trade, Vanguard, and then Merrill and Robinhood. So, so we are much more competing with the incumbents than we are competing with the other new brokers.”
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