Is it worthwhile to pay recurring fees to own S&P500 if i invest with Endowus by cash vs buying through a brokerage firm that charges once off fees?

Hi Anon,

Just want to highlight that Endowus is not just a fund purchase platform, but an advisory platform.

You get services that you cannot get through brokerages, such as

Having a bird’s eye view of your entire holdings with us, top 10 exposures for your individual goals, and the overall equities/bond/cash mix

1. Rebalancing of investments, at no additional cost, to help you stick to your risk profile

2. Getting a portfolio of low cost institutional share class funds - that is our biggest advantage. We allow clients to invest from a $100 per transaction,

3. Having access to funds and investment strategies not available in normal brokerages.

If you are looking at using our services to just buy and hold largely S&P 500 then your needs are probably more cost-efficiently served by a brokerage. However, if you are looking at a total wealth platform across CPF, SRS and Cash, then we should be the best platform available in Singapore. Hope that helps!​​​

I assume u mean owning S&P500 means index ETF like VOO, SPY etc.

According what you describe. I rather pay 1 time fee.
What is the justification for the recurring fee?