Every year, millions of people hand their money to a financial advisor.
They pay 1% of everything they own. On a $500,000 portfolio that's $5,000/year. On a $1,000,000 portfolio it's $10,000/year. Not for performance. Just for access.
And 92% of the time, that advisor underperforms a free index fund you could set up in 10 minutes.
92%. That's not a bad year. That's the 15-year average from the 2023 SPIVA report. The data has looked like this for two decades in a row.
The advisor isn't the problem. The model is broken. You're paying a premium for someone who, statistically, is going to lose to the benchmark they're supposed to beat.
Claude doesn't have emotional bias. Doesn't have quarterly targets. Doesn't get a commission for putting you in the wrong product. It reads the same data, applies the same logic, and doesn't panic when the market drops 15%.
The barrier is gone.
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the setup costs more than the portfolio...
the people actually growing money don't look like this claude replaces the whole system for $20/month
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## The setup most people missed
In 2008, Warren Buffett made a bet.
He wagered $1,000,000 that a simple S&P 500 index fund would outperform any basket of hedge funds over 10 years.
Protégé Partners took the bet. They picked 5 funds of funds. Best professional managers in the world. Combined AUM in the billions.
The result after 10 years:
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