facebookGiven higher management fee compared to other robo-advisors, is StashAway still worthwhile to use after the free management fee period is over? - Seedly

Advertisement

Anonymous

10 Feb 2021

Robo-Advisors

Given higher management fee compared to other robo-advisors, is StashAway still worthwhile to use after the free management fee period is over?

Seems unlikely to reach the higher tiers on StashAway as a beginner?

Discussion (4)

What are your thoughts?

The answer, as with many other questions in the same category is, it really depends on how much you want to allocate to such robo advisors (vs other platforms), and to what extent, you think their portfolio management algorithm is doing what it says on the tin. If your pot is relatively small, say less than 150K USD (199K SGD give or take a bit), there are other robo players - all touting their brand of risk management algo and hands-off offerings - that come with lower fees. Given however, that there is no true apples-to-apples comparison (yet) of after-fees performance comparison (for each risk bands, and for different investment periods) among the key robo platforms, the only way for most retail investors to tell, is to spread your pot - and see what's left after you've ridden out at least two or three storm periods.

No, the fees are quite high. Consider endowus or syfe. Even DBS digirobo is cheaper

View 1 replies

Try Syfe Equity100. Management fees are 0.4-0.65% compared to Stashaway’s 0.8% per annum. Another go...

Read 1 other comments with a Seedly account

You will also enjoy exclusive benefits and get access to members only features.

Sign up or login with an email here

Write your thoughts

Advertisement