Still, when you stack up everything that a human adviser provides, according to Gorman, they're actually not that much more expensive for the client than a robo

Still, when you stack up everything that a human adviser provides, according to Gorman, they're actually not that much more expensive for the client than a robo-platform. Here's Gorman: If you look at the average basis points paid from the various robo-platforms, they range, in general, I think, from something like 20 to 40 basis points. If you look at the average basis points for full-service advisory, like ours, just divide our revenue into our assets, including everything, you get somewhere in the 70s, low-70 basis points. >>What? 20-40 basis points for robo-platforms verses the low 70s basis points for full service. Not much different? That is triple on the low end to almost double. He would be better talking about the value added aspects of full service that trying to base it on the difference in basis points, IMO.