Month: February 2018

Posted on February 14, 2018

Here at BackEnd Benchmarking, we have recently released the fourth-quarter 2017 edition of The Robo Report. In this report we took an in-depth look at two-year returns of seven different portfolios with a full two years’ worth of data. The fourth quarter of 2017 was a strong finish to a strong year in the equity markets and for the digital advice industry as a whole. Since the end of the year, market turmoil has shaken equity markets and tested the systems of robo-advice providers. Despite some technical issues experienced by some robos during recent tumultuous market days, digital advice is expanding across the financial services landscape. Interviews this quarter with TD Ameritrade, Merrill Edge and Schwab gave us insight into where these products are fitting in among client bases, and we are starting to get a clearer picture of where digital advice products are gaining the most traction.

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