Today the US market posted fresh highs (it's the 56th high for the S&P 500 this year) and virtually all the robo advisors we're tracking followed suit. Ally, E-Trade, Merrill, and so on reached new records in their performance. The only exception was SoFi, which peaked earlier last month. It's still leading the pack, though, with more than 25% net gain this year! Amazing results from a fully automated investing approach!
It was a positive week, and all our robo advisors posted gains, though they did not fully recover from the market ‘breather’. Our new account at Axos is funded and fully invested. However, we did notice some issues with it. Currently, their app is not displaying the full amount we have transferred there correctly. We will be making changes to our performance tracking website to be able to start posting the results of this new robo advisor there as well.