Corgi Strategies, Founded by 26-Year-Old, Disrupts ETF Market with Fees 80% Below BlackRock and Goldman
BlackRock, the parent of iShares, derives significant revenue from ETF management fees. Corgi Strategies' plan to undercut fees by up to 80% directly threatens this high-margin business, potentially compressing earnings if BlackRock is forced to lower its own fees.
📰 Bloomberg