Posted on April 23, 2021
The California-based robo advisor Wealthfront has been rolling out various components of its grand vision called “Self-Driving Money”. This is a set of features that together creates a seamless flow from paycheck to long-term investing while taking care of everything in between.
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Posted on April 7, 2021
- Merrill Edge has substantially cut its minimum, eToro announced it will go public via SPAC, and Stash launched its robo advisor
- Meanwhile, some industry shake-ups include Wealthsimple leaving the U.S. market and M1 raising new funding
- Lastly, Chinese robo advisor BangNiTou crosses 1 million users
Posted on March 16, 2021
In our latest edition of the Robo Report™, we spoke with the SoFi team about their platform and future growth plans. SoFi has emerged as one of the most ambitious fintech platforms and has rapidly grown its product offerings in recent years.
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Posted on March 11, 2021
- 2020 was another significant year for robo advisor trends: Empower buys Personal Capital, Motif closes doors, ESG investing on the rise
- Direct indexing becomes increasingly popular as BlackRock buys Aperio and Schwab buys tech from Motif
- Walmart announced a partnership with Ribbit Capital potentially making financial planning more available – another major robo advisor trend
Posted on March 9, 2021
- The volatility of 2020 made for an interesting case study to observe robo advisor rebalancing
- Some accounts showed decisive rebalancing trades when the market was most fearful, displaying the merits of automatic robo advisor rebalancing
- We estimate that select robo advisors in our study earned an additional 0.50% to 1.50% due to automatic rebalancing in 2020
Posted on March 4, 2021
- Motif closes, Empower buys Personal Capital
- Betterment’s Stein Steps Down
- Walmart & Ribbit Capital Partnership
