The year 2020 has been tough for many companies, but it’s been a fantastic one for brokerages. Buoyed by a record number of new retail investors, firms like Robinhood and Fidelity have experienced record levels of trading.
This trading surge, along with the popularity of newer app-based platforms like Robinhood, has created a potential opportunity for upstarts. These include Public, a New York-based startup whose investing platform seeks to blend social media and investing.
