What if a millionaire makes a company where he hires day traders on commission?

Is that even a thing?

So a rich person gives a bunch of day traders access to their money , and the day traders get daily commision on profits?

I imagine that's a scalable business too

Every day trader gets an even portion of the money so the risk is split evenly, and each day trader uses their own strategies to trade

At the end of the day, there may be some profit