Condor Capital Compares Robo Advisers

Condor Capital Management’s Ken Schapiro analyzed the market’s robo adviser offerings by opening and funding more than a dozen accounts with a similar investment profile; all portfolios included an allocation of 60% equities and 40% fixed income however each followed the robo adviser’s suggestions within those two categories; the results showed one year performance ranging from 10.75% to 5.55% with international holdings and bond fund variations significantly affecting the returns.  Source

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