Suren Jayasundar

20 May 2021

∙

Even the lowest-cost robo advisor charges 0.5%/year on your portfolio. That means at $33k portfolio value, you're paying $120 (USD)/year on your portfolio.

At that point, it seems more cost effective to DIY (perhaps thru IBKR). If one feels ready to invest on their own at this point, is there any value to continue robo investing after this point?

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Benny

22 May 2023

There are institutional funds and rebalancing options offered by robo-advisors.

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Tan Choong Hwee

20 May 2021

Solutions Specialist at Providend

Cost matters, but it is the net returns that counts. I prefer investing in roboadvisors to secure baseline returns, and allocate some % of my capital to DIY investing for the thrill of picking multi-baggers.

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Glenn Chua

20 May 2021

There's always a price to pay for everything. Robo-advisor companies need to make money too....

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