Tag: Wealthsimple
Posted on June 10, 2021
- Wealthsimple Raises $610 Million
- Robinhood Snaps Up Financial Advisors
- Acorns Going Public – Another SPAC
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 February 11, 2021
Robo advisors struggled early on in 2020 but came back strong. However, not all robos had the same returns. Titan Invest, Morgan Stanley Robotics, Morgan Stanley Emerging Consumer, Interactive Advisors (Legg Mason Growth and Income portfolio), Wealthsimple, and SigFig all stood as top-performing robo advisors in 2020.
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Posted on November 20, 2020
Overview:
Saving for retirement is one of the most critical and personal objectives for investors. In The Robo Report, we try to make this process easier by providing transparency on retirement robo advisors. This article will primarily take a particular look at three standout robos whose performance has been stellar over the last three years: SoFi, T. Rowe Price, and Fidelity Go.
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Posted on November 17, 2020
- Robos have 8% adoption across the US, according to Hearts and Wallets
- Millennials show higher adoption rates of robos, especially those with more to invest
- Fidelity, Bank of America, and Schwab launch new, free financial planning tools that are natural funnels to investment management
- Wealthsimple and M1 raise large sums of new funding despite recent industry closures
Posted on November 11, 2020
- Titan continues its outperformance, returning 38.38% over the past year
- Morgan Stanley & Wealthsimple emerging as performance leaders
- SigFig maintains top 4-year total portfolio performance spot
