Anders Jones is the CEO and co-founder of Facet, a fintech company built to bring high-quality, flat-fee financial advice to an underserved market: the mass affluent. Facet has raised over $250M and manages more than $7B. Anders has seen the real finances of tens of thousands of households.
In this episode of Summation, Anders and Auren discuss:
- why the percentage-of-assets fee is the greatest heist in finance
- the retention data showing people stick 3x longer when you help them act, not just advise
- the horizontal wealth transfer to spouses that nobody is planning for
- why most companies should never raise venture capital
You can find Auren Hoffman on X at @auren and Anders Jones on LinkedIn
