[thebmax]

I'm JJ's brother and an investor in Double so I'm a little bit biased but I believe reducing/eliminating AUM fees is a huge net positive for the world. The performance drag over long term that money managers charge is a tax on people's retirement savings. What Vanguard/Bogle did with Index funds was massive, and I think Double can be this generation's Vanguard. Professional and powerful money management tools with rock bottom/no AUM fees is a massive opportunity. Congratulations on the launch JJ and Mark!

[sooheon]

If Double doesn't charge management fees nor commissions for trades, how does it get paid? Flat fee or payment for order flow?