Am choosing between Stashaway and Endowus, what are the pros and cons of each? Should I split between the 2?

Hi, thanks for the interest in Endowus!

Since I am from Endowus, my views can be biased. I think it would be more appropriate for me to share Endowus pros and cons so that you understand better. Some of the pros and cons frankly are not obvious to me even as a somewhat knowledgeable investor!

Cons of Endowus

1. Rebalancing trade takes longer to execute

This is because for us to reinvest to more equities/bonds, we will need to sell the existing shares, get the money back (by then its T+3) and then reinvest it. The whole process takes around 4 business days, and it can be longer if SG/Ireland has a public holiday. So this is a bit of a bummer. As long as you dont frequently change your asset allocation, you wont need to go through many rebalancing trade.

2. Lack of an app (coming soon at start of 3Q 2020!)

3. $10,000 Minimum account opening

Pros of Endowus

1. Cash, CPF, SRS investments on one platform, one-stop service, you can set a Regular Savings Plan for all

2. We invest 100% of your monies, not 95%, not 99%, but 100%.

That is because we can liquidate your unit trust investments for us to pay our fees, at no brokerage charges. This is also one of the advantages of unit trusts.

3. No bid-ask spread for your investments. You buy at the true NAV of the fund

4. You get access to fund products that are not readily available elsewhere.
   The PIMCO SGD hedged institutional share class funds are exlusive to us, and buying the retail share class on other platforms are more expensive.

Well these are the main disadvantages and advantages, I hope you make a choice you are comfortable with!!​​​

I think it would be good to understand what you are investing in for each Robo-Advisor.

Stashaway: Mainly ETFs

Endowus: Dimensional Funds

I think there are many good articles online explaining on what they are, so do your own homework first!