Hi Anon, I can sense your frustration as per the T-T, but I'll do my best to give you my 2 cents!
Basically, Saxo RSPs work very, very similarly to your Roboadvisors, close to the point that for all intents and purposes Saxo's RSP is basically a Roboadvisor.
So, since they're so similar you can look at the underlying fees and underlying assets.
From what I've gathered from Saxo and EndowUs, Saxo has a 0.25-0.75% managing fee as compared to EndowUs' 0.25-0.65%, where EndowUs wins. There's a range most likely because the fees are tiered. You can also look at other Roboadvisors to compare their fees. (Sorry I didn't use StashAway)
For underlying assets, chances are they're going to differ only slightly, I know that Blackrock manages portfolios for Saxo while StashAway and Syfe have proprietary managing methodology for its portfolios. However, both Saxo and other Roboadvisors will cater to your risk appetite and time horizon, so not to worry!
Ultimately, the difference is very minute and it shouldn't make too much of a difference, especially if it's your first foray into investing. Don't be too worried about which one is better or worse! I would go towards more of EndowUs, StashAway and other more well known Roboadvisors as they're more well-known and talked about.
Do reply if you have any questions!
Hi Anon, I can sense your frustration as per the T-T, but I'll do my best to give you my 2 cents!
Basically, Saxo RSPs work very, very similarly to your Roboadvisors, close to the point that for all intents and purposes Saxo's RSP is basically a Roboadvisor.
So, since they're so similar you can look at the underlying fees and underlying assets.
From what I've gathered from Saxo and EndowUs, Saxo has a 0.25-0.75% managing fee as compared to EndowUs' 0.25-0.65%, where EndowUs wins. There's a range most likely because the fees are tiered. You can also look at other Roboadvisors to compare their fees. (Sorry I didn't use StashAway)
For underlying assets, chances are they're going to differ only slightly, I know that Blackrock manages portfolios for Saxo while StashAway and Syfe have proprietary managing methodology for its portfolios. However, both Saxo and other Roboadvisors will cater to your risk appetite and time horizon, so not to worry!
Ultimately, the difference is very minute and it shouldn't make too much of a difference, especially if it's your first foray into investing. Don't be too worried about which one is better or worse! I would go towards more of EndowUs, StashAway and other more well known Roboadvisors as they're more well-known and talked about.
Do reply if you have any questions!