Autopilot co-founder Chris Josephs is claiming to run “one of the fastest growing RIAs in America,” as his investment app for copying the stock trades of politicians and high-profile investors has climbed to $750 million in assets under management (AUM).
“Autopilot just passed $750,000,000 of AUM, making us one of the fastest growing RIAs in America,” Josephs, 29, wrote on LinkedIn. “Investors are now launching and monetizing their own portfolios (invite only), with the top investor already earning $300,000 in revenue payouts so far.”
In an interview with Fox Business, Josephs said that $400 million of user assets on Autopilot are tied to copying the stock market trades of Congresswoman Nancy Pelosi. Hedge fund manager Michael Burry, Bill Ackman and Warren Buffett are among the other notable investors whose trades are tracked on Autopilot for users to replicate. Investments on Autopilot are triggered through 13F and other SEC filings, meaning in-app user trades are not immediate from their origin.
“Per the Stock Act, there is a delay. On average we see around two weeks but even with the delay, the performance is not too far off,” said Josephs. “We’ve been tracking [Pelosi] since 2021 and since that time we’ve launched it, she’s up around 150%.”
Josephs said Autopilot has about three million downloads, including 80,000 paid subscribers. The app has a free option or a premium version that charges a fee of $29 a quarter or $100 a year for users who want to invest in multiple portfolios. Autopilot connects to a user’s investment accounts through brokerages such as Robinhood, Schwab, Fidelity, and Webull.
The $750 million AUM on Autopilot marks a significant surge from the RIA’s most recent Form ADV filing dated April 29, 2025, when it listed managing $461,989,873 in assets across 132,559 total accounts. The Autopilot app also lets users invest in portfolios that buy and sell stocks based on decisions from AI, including models from ChatGPT and Grok of Elon Musk’s xAI.
Autopilot, itself a registered investment advisor, is seeking to work further with RIAs and financial advisors to bring more investors to its app. The company plans to hire an RIA Growth Lead, whose job in part would be to “educate advisors on our SMA (separately managed account) strategies and how they fit into client portfolios,” reads the job posting on LinkedIn.
“This role is part sales, part relationship management, and part field ops. You’ll be the first hire focused 100% on getting our SMA strategies into advisory practices across the country,” reads Autopilot’s RIA Growth Lead job posting. The role includes working with RIA custodians such as Schwab and Fidelity, as well as required “travel to industry events, RIA dinners, and on-site meetings to build trust and relationships.”
By listening for what truly matters and where clients want to make a difference, advisors can avoid politics and help build more personal strategies.
JPMorgan and RBC have also welcomed ex-UBS advisors in Texas, while Steward Partners and SpirePoint make new additions in the Sun Belt.
Counsel representing Lisa Cook argued the president's pattern of publicly blasting the Fed calls the foundation for her firing into question.
The two firms violated the Advisers Act and Reg BI by making misleading statements and failing to disclose conflicts to retail and retirement plan investors, according to the regulator.
Elsewhere, two breakaway teams from Morgan Stanley and Merrill unite to form a $2 billion RIA, while a Texas-based independent merges with a Bay Area advisory practice.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
