Tag: Fees
Posted on February 28, 2020
Top Robo Advisor Retirement Providers – Total Portfolio Performance:
2-Year Trailing Top IRA Performers (annualized)
- Fidelity Go
- T Rowe Price
- Axos Invest
1-Year Trailing Top IRA Performers
- Fidelity Go
- TD Ameritrade
- SoFi
Posted on November 26, 2019
Fintech companies are continuing to disrupt the financial services industry. Over the past few years, firms have begun to offer high-yield savings accounts that pay very competitive interest rates when compared to the paltry rates savers are accustomed to seeing in their checking accounts. Recently, the fintechs have expanded their focus to include spending accounts with debit cards.
Read More…
Posted on November 8, 2019
Consumer demand has prompted digital advisors to offer socially responsible investing (SRI) portfolio options over the past few years. We have opened and now have eight pairs of portfolios (regular and SRI) included in our report, including six pairs with a year or more of performance reported. The SRI robo portfolios included in our analysis are offered by Betterment, E*Trade, Ellevest, Merrill Edge, Morgan Stanley, TD Ameritrade, TIAA, and Wealthsimple.
Posted on November 7, 2019
Schwab and Vanguard are the two dominant platforms in the digital advice industry. Leveraging their clout as established investment managers, Schwab and Vanguard have amassed $43 billion and $140 billion, respectively, in assets under management on their digital platforms. Below is a comprehensive comparison of the two services, including facts, features, and historical performance based on accounts we have open at both providers.
Read More…
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.
Read More…
Posted on November 1, 2019
Top Performers:
2-Year Trailing Top Performers (annualized):
- Fidelity Go IRA
- T. Rowe Price IRA
- Axos Invest IRA
