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Thanks, Robinhood, but These Traders Now Want Professional Help

  • For some day traders, 2020 proved the value of expert advice
  • Wealth adviser Aspiriant saw a 32% increase in clients
Robinhood Pays $65 Million To End A Key Probe, But Others Fester
Photographer: Gabby Jones/Bloomberg

The age of coronavirus lockdowns helped fuel a blistering rise in retail trading, and many rookies even beat the market. But day traders also found that the year’s market gyrations required constant attention and that their amateur trading tools were limited.

So many do-it-yourself investors have decided that they need professional help.