1、The Robo ReportBringing Transparency to Robo InvestingEdition 30|4Q 2023David Goldstone,CFAManager,Investment ResearchThomas Leahy,CFAFinancial AdvisorKristopher Jones,CFAFinancial AnalystKen Schapiro,MBA,CFAChief Executive OfficerTHE RANKING EDITION2The Robo Report&Robo Ranking Merrill Guided Inves

2、ting,the winner of Best Overall Robo,distinguishes itself with a tiered service model and robust performance,high-lighted by its strategic investment choices and comprehensive planning tools.The winners of Best Robo for Digital Financial Planning,Empower and Wealthfront,serve as an example of simple

3、 yet effective online planning.SoFi,US Bank,and Stash excelled in one-year per-formance,benefiting from their focus on growth stocks and domestic equities,aligning with the markets pref-erence for growth over value.Over three years,Schwab Domestic Focus,Wealth-front,and Zacks Advantage led with thei

4、r U.S.equity allocations,showcasing the value of domestic expo-sure in a tough global market.In the trailing five years,Wealthfront,Fidelity Go,and Zacks stood out due to large-cap U.S.equities.The past five years in fixed income emphasized the benefit of duration management and municipal bonds.High

5、lightsWelcome to The Robo Report&Robo RankingCondor Capital Wealth Management is proud to publish the 30th edition of the Robo Report,covering the fourth quarter of 2023,and the 12th edition of the Robo Ranking.This Report is a continuation of an ongoing study that monitors well-known robo advisors.

6、We strive to provide a reliable resource for both investors and professionals interested in the digital advice industry.3The Robo Report&Robo RankingContents4 Executive Summary5 The Robo Ranking6 Robo Ranking Scores8 Access to Advisors and Planning9 Best Robo Advisors12 Robo Ranking Facts14 Robo Rep