facebookWould you invest large sums of money on Stashaway (or any roboadvisor)? Do you have a maximum amount you would trust them with? - Seedly

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Winnie

05 Aug 2020

Robo-Advisors

Would you invest large sums of money on Stashaway (or any roboadvisor)? Do you have a maximum amount you would trust them with?

I understand that our money is kept separate in a custodian account, but if anything happens our assets will have to be liquidated in order for our money to be returned to us (like Smartly). This is unfavourable if we're investing for long-term. Considering all the risks involved, do you invest large sums of money (say more than 50k) with Stashaway or a similar product? Is anyone's entire portfolio in Stashaway? Thanks in advance!

Discussion (3)

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I don’t recommend putting all your money into one Robo Advisor, it’s always better to spread it across a few Robo Advisors :)

The maximum amount I’ve ever put into 1 Robo Advisor is no more than 20% of my savings.

I think that it is realtively safe to be investing large amounts of money in them

I think this point has been answered multiple times. They keep the funds in a separate account which...

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