Tag: Ally Financial
Posted on June 4, 2020
- Titan Invest claims top spot in the first quarter
- Wealthsimple fares well thanks to low volatility ETF holdings
- SRI portfolios do well, taking two of the top three spots over the quarter
Posted on May 8, 2020
- SigFig, Fidelity Go, and Axos Invest win three-year top-performer prizes
- Three-year fixed income returns surpass equity returns
- Investment-grade corporates and treasuries help robos deal with volatile markets
Posted on November 6, 2019
Prudential, Axos Invest, and Acorns Lead YTD
Amongst our taxable robos, Prudential, Axos Invest (formerly WiseBanyan), and Acorns are the top performers YTD for performance above/below the Normalized Benchmark. All three portfolios have above-average allocations to domestic stocks, which have outperformed international equities consistently over the past three years. Axos Invest has emerged as a long-term performance leader, proving that a simple portfolio can achieve strong long-term performance. Axos’s domestic equity allocation relies almost entirely on the Vanguard Total Stock Market ETF, and their fixed income consists of high-yield and investment-grade corporate bonds.
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Posted on November 1, 2019
Top Performers:
2-Year Trailing Top Performers (annualized):
- Fidelity Go IRA
- T. Rowe Price IRA
- Axos Invest IRA
Posted on October 31, 2019
JP Morgan Enters the Fray, Vanguard Expands
All hands are on deck for automated investing. Shortly after closing Finn, its millennial-focused banking app, JP Morgan launched You Invest Portfolios—its new digital advisor with a minimum account balance of $2,500 and 0.35% advisory fee. With JP Morgan’s entrance into the digital advice space, there are only a few large U.S. banks that have yet to offer or buy a stake in a digital advisor.
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Posted on October 9, 2019
Vanguard Expands its Robo Offering
Vanguard is piloting and is expected to soon release a new digital planning and automated-investing product called Vanguard Digital Advisor, according to a document filed with the SEC. Vanguard Digital Advisor will have a $3,000 minimum and an all-in fee—management and underlying fund fees—of 0.20%, placing it in direct competition with providers targeting less affluent investors. In doing so, Vanguard will undercut incumbents Fidelity and JP Morgan, who both have all-in costs of 0.35% and independents Wealthfront and Betterment, who have all-in costs of around 0.33% and 0.36%, respectively, depending on the portfolio chosen.
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