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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 first quarter of 2021. "If investors believe we are in a new regime, robo portfolios with a value t...

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 and an industry review. After the overwhelming outperformance of growth-style investing in 2020, valu...

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. It's 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 product's plans. Goldman Sachs is finally launching its do-it-yourself wealth management offering to the public, marking a milestone in the elite firm's quest to appeal to Main Street.  The bank rolled out Marcus Invest, its automated investment tool with a $1,000 account minimum, on Tuesday ...

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 Robinhood and Wealthfront, in a move that could potentially make the retail giant a major player in digit...