1、Condor Capital Wealth Management is proud to publish the 26th edition of the Robo Report,covering the fourth quarter of 2022,and the tenth edition of the Robo Ranking.Tis Report is a continuation of an ongoing study that monitors well-known robo advisors.We strive to provide a reliable resource for

2、both investors and professionals interested in the digital advice industry.Te Robo ReportFourth Quarter 2022E D I T I O N 2 6Highlights:Te Winner of Best Overall Robo,Wealthfront,provides a top-tier digital experienceand strikes an impressive balance between simplicity,functionality,andcustomization

3、.(pg.7)SoFis budgeting,career coaching,live planning,low fees,and ability to manage manyareas of ones financial life on a single platform combine to make SoFi the winner forBest Robo for First-Time Investors.(pg.8)Wealthfront,Schwabs Domestic Focus,and Morgan Stanley Inflation Conscious werethe deci

4、sive winning accounts for the year.(pg.15)Te major driver of fixed income performance over the last three years has been theallocation to municipal bonds.(pg.16)Betterment announced it was transitioning to a subscription-based fee of$4 a monthfor smaller accounts without recurring contributions,sign

5、ificantly raising costs formany clients.(pg.9)Table of ContentsExecutive Summary.3Robo Ranking.5Introduction.5Robo Ranking Scores.6Award Winners.7Top Performers.14Performance Commentary.15Total Portfolio Performance Chart.18Terms of Use and Disclosures .19All supporting data can be found online at T

6、ablesTotal Portfolio ReturnsEquity&Fixed Income ReturnsFees,Minimums,and AllocationsRisk StatisticsNormalized BenchmarksInternational AllocationDisclosures2Executive SummaryThis edition of the Robo Report,published byCondor Capital Wealth Management,tracks 57accounts at 32 di?erent providers.The Rob