The idea of robos is said to lower the barriers of entry to students/young professionals who are just starting out. Currently only Kristal.ai charges $0 for the first $50k. Why arent others doing so?

Exactly my question to my peers or even traditional wealth managers!

kristal.AI is able to and wants to offer access to investments to beginner investors so they can begin their investment journey early in their investment lifecycle. We are able to do this owing to fixed investments in building algorithms that can take care of a client's portfolio and the Algorithm serves as their personal advisor. Today's investment world is plagues with higher fee and lower service levels for clients with lesser money and that is what we are here to change. We hope that investors like our platform enough to upgrade to paid version or grow their portfolio with us above 50K so they can support us towards achieving sustainable growth. We all talk of ESG investing and financial inclusion, and very few comapnies have a business model that is able to do this. Since ours does, so we are committed on doing this. Also as we grow, we may need to make further investments in this area and if few years down the line we need to charge a nominal fee to ensure the beginner investor is not making our costs shoot through the roof, we may decide to charge a nominal fee. Till then let us do our financial inclusion and try deliver the 'right to invest' to one and all. Our investment methodlogy uses the best of both worlds - quant models (genetic algorithms) and forward looking views provided by investment committee. Happy to share more on this if anyone needs.​​​

Hi! If you're just starting out on your investing journey, you'll find that Syfe is a great entry point. Firstly, there is no minimum investment amount across all our portfolios. I believe some other robo-advisors do require a certain minimum to get started.

There are no transaction / brokerage fees as well. This makes it ideal for the investor who wishes to dollar cost average month by month.

While fees should not be the sole factor you consider when choosing a platform, Syfe offers one of the lowest management fees of 0.4% to 0.65%** **per annum. This is an all-in fee that covers portfolio management, trading commissions, rebalancings, and withdrawals (there are no withdrawal fees, you can withdraw your funds anytime).

Finally, if you are new to investing, you can also benefit from personalised advice our advisors can offer. If you're wondering if Syfe is a suitable platform for you, why not have a chat with them?