How do the robos measure up to each other?
Now that we’re a few years into the robo revolution, it’s a good time to take a step back and assess the automated investment platform landscape.
Somewhat predictably, platforms associated with “legacy institutions” dominate the landscape as compared to their “built-from-scratch” peers, despite that the latter robos exist for longer.
Within the built-from-scratch category, so-called second generation robos are having a difficult time accumulating assets under management, but appear to excel at attracting clients.
Here are some other observations that we found interesting.
Source: Backend Benchmarking, company data and SEC filings