Posted on September 15, 2021

SRI or ESG investing remains a hot trend in the investment industry. At Backend Benchmarking, we compare the equity performance of the SRI/ESG options and the standard options at the same robo advisor to analyze their differences. 

Read More…

Posted on August 30, 2021

  • We estimate that Schwab’s high cash allocations in Intelligent Portfolios cost investors $1.13 billion in total earnings when compared with potential returns if Schwab invested the cash in the fixed income portion of its portfolio
  • Charging a 0.30% management fee would have increased Schwab’s revenue by an estimated $369 million
Read More…

Posted on August 23, 2021

  • According to the Bureau of Labor Statistics, the CPI for All Urban Consumers increased 5.4% from June 2020 to June 2021. This is the largest 12-month advance since the year ending August 2008.
  • This coincided with new winning robo advisors: Schwab, Wealthfront, Schwab, & Morgan’s Inflation Conscious option.
Read More…

Posted on August 23, 2021

Best Robo Advisor for 2021

● Winner: SoFi Invest
● Runner-up: SigFig
● Honorable Mention: E*Trade

Read More…

Posted on August 18, 2021

Originally a consumer lending platform, SoFi has since expanded to offer investment management services.  Although it is significantly smaller than SoFi’s lending platform, SoFi Invest has attracted over $100 million in assets under management.

Read More…

Posted on August 18, 2021

With over four million users, Acorns is the preeminent micro-investing platform that combines saving and investing in one user-friendly application. As opposed to the traditional financial advice industry, Acorns is designed for customers that are just beginning their financial lives.

Read More…