Should I diversify my investment into different Robo-advisor platforms?

I think each robo is diversified itself, no point diversifying too many times.

also, cash smart enhanced shouldn't be compared to syfe equity 100, both are completely different products.

cash smart enhanced - cash management (low risk)

equity100 - full equities, high risk

Hi Eden,

Thank you for the great question. You first have to understand the purpose of diversification across different platforms. For most people, they want to diversify platforms because:

1. They want to mitigate the risk of one of the platforms ceasing operations

2. They believe that they can get a better investment outcome overall using different platform

Point 1 is true to the extent that all platforms are equally safe/unsafe, so that it makes sense to spread out your risk. Out of the 3 platforms mentioned, only Endowus hold the underlying funds in your own legal name, and have worked out arrangements** **with the broker to let clients hold on to the assets indefinitely,

Point 2 is not true because the platforms have different investment strategies and these strategies may not be complementary,

In our opinion, for you to have a bird's eye view of your overall holdings and investments, it is better to consolidate all your wealth on a single platform. Endowus offers CPF, SRS and Cash investments, along with cash and investment management solutions. The majority of our funds are products that are not exchange-traded and are fx/tax efficient, making us the best choice to consolidate all your holdings in.

Hope this helps!​​​