Robo-Advice Update for 2025: Continued Consolidation and Greater Customization
With the initial wave of users onboarded, leading robo-advisers are shifting their focus to profitability.
Condor Capital Wealth Management publishes The Robo Report, a free, comprehensive quarterly newsletter covering the digital advice industry. The report currently tracks 33 live accounts across 24 robo-advice providers. Our mission at Condor Capital Wealth Management remains the same: to bring transparency to automated investment services and help investors understand how the major players stack up.
With a few exceptions, the portfolios we track represent moderate to moderately aggressive risk profiles, targeting roughly 60% equities and 40% fixed income. All portfolio performance commentary in this article is for the period ended March 31, 2025.
Robo-Advice Industry Highlights
Each spring, we review the prior year’s developments and provide AAII members with an update on robo-advice products, corporate activity and portfolio results. Since Betterment and Wealthfront launched in 2008, digital advice has moved from a start-up novelty to a mainstream channel, yet the past 12 months underscore how difficult it is to scale low-cost advice while earning a profit.