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Now that you mentioned, it sounds abit true. but the funds are usually held in your name (custodian?) so should be ok?
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I believe it is still safe! They may have lesser ads but they still churn out newletters for e.g Stashaway & Syfe. Those are somewhat indicators that your portfolio or the company is still active.
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Well, to be frank, these days, whatever platforms that are approved by MAS doesn't mean they are 100% save, considering there are cases that says otherwise.
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However, no ads means fishy. It could be the case where they are actually well known enough and they are earning enough that they might not need as much ads as usual.
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Hope this answers
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It may mean difficult time is coming. Need to tight belt to tide through....
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I did check with the platform that I parked my money with. They say my monies is safe as they are in some custodian account, which they cannot access to withdraw funds.