Backend Benchmarking released their 12th edition of their Robo Report which studies and monitors the most well-known robo advisors. They put together very detailed quarterly reports and in their most recent report, you can see that Fidelity Go Robo has outperformed heavily compared its peers and FutureAdvisor along with Acorns have lagged behind significantly.
Has anyone dug into this report before and have opinions or insight on how the data is collected and presented?
Personally, I think they do a fantastic job of categorizing and ranking the robos included, however, they also have included some "robo advisors' who do not fit a standard definition of the field, such as Personal Capital.
Submitted August 26, 2019 at 03:42PM by Tataku https://ift.tt/2zliu6c
