Page 2 - Backend Benchmarking News Today

Investors can choose from an array of price points and investment offerings, and most services even offer a human touch.

Is the bank late to the automated investing party, or trying to bring some investors bank home?

Backend Benchmarking Publishes 20th Edition of the Robo Report and 7th Edition of the Robo Ranking; SoFi Edges out SigFig for the Top Spot for Best Overall Robo Advisor of the Robo RankingSpecial Report

Titan Invest secures $58 million, preps crypto offering The robo-adviser has experienced rapid growth over the last 12 months, reaching its first $500 million in assets under management in March with 26,640 users on the platform. July 20, 2021 3 MINS Titan Invest, an actively managed robo-adviser based in New York City, closed its second funding round of $58 million as the rapidly growing digital platform gears up to launch its crypto offering.  The latest cash influx fol...

Pandemic fuels rapid growth for robo-advisers: Report Robo-advisers are expanding services and growing assets at a rapid pace, further cementing their place in the financial advice industry. May 17, 2021 2 MINS The investor shift to managing more of their lives online in response to the pandemic has given the digital-advice industry a tailwind.  The last year has seen significant growth from robo-advisers, according to Backend Benchmarking’s first quarter Robo Report. F...

Backend Benchmarking Publishes 19th Edition of the Robo Report, First Quarter Gives New Hope to Value-Oriented Robos Robo Report covering the first quarter of 2021. This edition of the Robo Report tracks 91 accounts at 42 different providers and is the most comprehensive analysis of robo advisors available. It also features an interview with Stash CEO Brandon Krieg and an industry review. After the overwhelming outperformance of growth-style investing in 2020, value stocks outperformed in the...

Backend Benchmarking Publishes 19th Edition of the Robo Report(TM), First Quarter Gives New Hope to Value-Oriented Robos ACCESSWIRE MARTINSVILLE, NJ / ACCESSWIRE / May 11, 2021 / Backend Benchmarking has published the 19th edition of the Robo Report™ covering the first quarter of 2021. This edition of the Robo Report ™ tracks 91 accounts at 42 different providers and is the most comprehensive analysis of robo advisors available. It also features an interview with Stash CEO Brandon Krieg a...

The firm that traditionally only served the ultra-wealthy will now manage accounts as small as $1,000.

Goldman Sachs Goldman Sachs launched its robo-advisor, called Marcus Invest, to the public on Tuesday. Its launching into a crowded space, competing with startup and bank-owned robo-advisors. Sonali Divilek and Andrea Finan, executives overseeing the roll-out, laid out the products plans. Goldman Sachs is finally launching its do-it-yourself wealth management offering to the public, marking a milestone in the elite firms quest to appeal to Main Street.  The bank r...

Will Walmart offer wealth management products? Walmart announced the launch of a new company designed to offer digitally enabled financial products to its customers and employees. Its 265 million weekly customers makes it an attractive distribution channel to expand investing to underserved investors. January 13, 2021 3 MINS Walmart announced on Monday it is forming a fintech startup in partnership with Ribbit Capital, the global investment firm backing fintechs like Robin...