jon stein and betterment's view is they helped create this category.g to stick with their guns. there are signs there is a little bit of pressure on some of these robo advisories. wealthfront had a controversy earlier this year. it created its own proprietary fund, a risk parity fund with much higher fees. some people thought that as a way to drive extra revenue to the business, and wealthfront, because there was consumer outcry, had to pull back on that a bit. we are seeing ways in which these companies are under pressure where the competition is heating up. on the other hand, the category is relatively small compared to the overall amount of money in the wealth management world. carol: that is when you think about the growth factors. you said jon stein, you are not going into cryptocurrencies, he is not looking to make loans. but you think of the trillions of dollars in 401(k) plans and institutional plans. is that where he sees the opportunity? max: he sees the opportunity, and a big amount of money, he would like to help manage it. but 401(k) is de