Interactive Brokers Leads with AI-Driven Brokerage Innovation

2 months ago

Joe Austin

"So, the first company was one of our initial recommendations. It's a company called Interactive Brokers. It was founded by a guy named Thomas Ptery who was a Hungarian immigrant. Interactive Brokers is a tech company masquerading as a brokerage firm with an 86% operating margin. If you've ever had an account there, you know it's virtually impossible to get a person on the phone because they actively deploy AI to manage the entire customer process. They develop the technology for their largest clients and deploy it into the retail base, giving you the best technology for a very low cost."

The speaker highlights Interactive Brokers as a standout company leveraging AI to optimize customer processes in brokerage. Emphasis is placed on its high operating margin and innovative use of technology, making it a compelling player in the sector.

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