Axos Invest Earns More High Marks in Latest Robo Report
Axos Invest is proud of our four new Top Portfolio Performance Awards as presented by Backend Benchmarking's latest Robo Report and Robo Rankings.
In their 2nd Quarter 2021 Robo Report released last month, Axos again received top marks across several categories. The top accolade: Axos Invest was named one of their Best Robos for Performance at a Low Cost and lauded as a "top long-term performer."
"For those seeking a robo advisor with a strong performance track record, Axos is a quality choice." – Robo Report (16th Edition; 8/11/21)
Along with that honor, awards include second-place showings for the performance of our 3-Year Fixed Income and 5-Year Total Portfolio accounts as well as third place badges for our 5-Year Trailing Equity, and 5-Year Trailing Fixed Income offerings.
For those who don’t follow the inner workings of robo-advising (don't worry … we forgive you), The Robo Report is among the most comprehensive nonpartisan evaluators on the beat. They grade robo-advisors in more than 45 different areas, judging everything from features, customer experience, and costs to financial planning features, access to live advisors, transparency, and overall performance.
And the Robo Report isn’t guessing. They base their evaluations on real-world results, judging portfolio performance sourced from actual accounts tracked by Backend Benchmarking.
If you’d like to geek out on some hardcore inside-baseball robo-advisor reporting, you can check out all the criteria Backend Benchmarking used to arrive at their findings. It’s important to note that their tracked performance is based on strategies, decisions, and customizations made by each individual investor, so obviously, the results of any standalone account may differ.
But we believe that their methodology proves what we’ve known all along. Our Axos robo-advisor is a smart, advanced solution for a savvy, modern digital investor. They get easy setup, low fees, and personalized goal setting tailored especially to those with little to no past investing experience.
To find out exactly what earned their seals of approval, sign up to start a Managed Portfolio now and delve into how we help users diversify and customize a portfolio. They may not understand ETFs, buy-and-hold passive investing, or tax-loss harvesting when they start. But once we walk them through it, users will craft streamlined, optimized portfolios that are easy to track, easy to maintain, and based in sound investing practices, all without hamstringing their wallet.
And while you’re at it, don’t forget to dive into the 2021 Q2 Robo Report, which also includes an interview with Axos CEO Greg Garrabrants.
Axos Invest, Inc. Investment advisory services provided by Axos Invest, Inc., an SEC registered investment advisor. All rights reserved. For information about our advisory services, please view our ADV Part 2A Brochure, free of charge. Brokerage services are provided by Axos Invest LLC, a member of the Financial Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
Commissions, service fees and exception fees still apply. Please review our commissions and fees for details.
Axos Invest, Inc., and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Based upon the time-period ending 6/30/2021. Please keep in mind, past performance is not necessarily indicative of future results. All investments carry risk and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any kind of investing they choose to do.
Backend Benchmarking creates The Robo Report™, which is an ongoing study that monitors the most well-known robo advisers. For more information, please visit the article page https://www.backendbenchmarking.com/blog/ or you may visit this page: https://www.backendbenchmarking.com/robo-ranking/ for details on how the ranking was calculated or determined, the methods used to calculate or determine the rating, the number of advisers surveyed in that category, and the ratings of all advisers in that category.
The Robo Report™. © BackendB.com, LLC 2021. BackendB.com, LLC is a registered investment advisor and the current ADV can be found on the SEC website: https://www.adviserinfo.sec.gov/IAPD/IAPDFirmSummary.aspx?ORG_PK=288501. Chart reflects only those taxable accounts which were opened and funded by Backend Benchmarking during the two- and three-year trailing periods. Each account was funded according to each individual advisor’s minimum guidelines. The account which was opened at Axos Invest was opened under our base portfolio package with no additional packages added. Had additional service packages such as tax-lot harvesting been added, the lesser of an asset-based fee or flat dollar fee would have been assessed, and the fees would decrease the reflected performance. The two- and three-year trailing returns referenced are annualized, net of fees, during the time periods listed. For the year to date comparison, Backend Benchmarking, has reviewed 58 different robo advisors along the same guidelines for the two- and three-year comparisons.
Backend Benchmarking is not affiliated with Axos Invest, Inc., or any Axos Financial, Inc. subsidiary. Backend Benchmarking does not receive any financial benefit or compensation from Axos Invest, Inc. for this rating.
This blog post was published by Axos Bank on September 8, 2021, and last updated on September 8, 2021.