Unstructured Returns
Cornelius GraubnerThoughts from the trenches of startup, AI, wealth management, and finance.
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 5 | Founded | 10 months ago | Last Issue | 9 months ago |
| Active | |||||
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unstructuredreturns.substack.comLatest Issues
Engine, not Edge: Five Quant Capabilities that Every Wealth Firm Needs
Here’s a joke the Chief Investment Officer of a multi-family office once told me: “What’s the easiest way to spot an advisor with a small book of business? They have a Bloomberg Terminal.”
The joke works because it’s true. Success in wealt...
The Missing Layer - Part 2: Reconstruction
This is the second of two essays on why wealth management needs an operating system, not another tool. Part 1 traced how fragmentation and “context loss” became structural. Part 2 looks at what reconstruction requires - across workflows, ac...
The Missing Layer - Part 1: Fragmentation
This is the first of two essays on why wealth management’s technology stack is breaking - and what comes after it. In Part 1, I trace how fragmentation and “context loss” emerged and why the next generation of AI will force a rebuild from t...
The Shape of Risk
Hi everyone,
Welcome to the first edition of Unstructured Returns1.
If you’re here, thank you. This space will be a bit of an experiment - somewhere between a founder’s journal and field notes from the edges of startup, AI, and finance. N...
Coming soon
This is Unstructured Returns.
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