Asked 2w ago
If there is one I would recommend, I would say StashAway. Been with for close to a year and is performing well. StashAway invests more in the international market rather than focusing on the US hence it is one of the more well-diversified robo-advisors out there. Furthermore, it is pretty cost-efficient coming in at 0.8% fees when you are starting out and 0.2% when you hit a million (that's huge).
You can check out Syfe's Global Portfolio too. Another worthy contender!
Hi Ed Cheongster, may I know what do you mean by "best" as it could be subjective?
If you are looking for real user reviews on the robos based on criteria such as the highest rated, you can check out Seedly's review site at https://seedly.sg/reviews/robo-advisors. We also have a SeedlyTV episode on the different robos here: https://www.youtube.com/watch?v=L7Kj3iMK7cM
There isn't the best roboadvisor per se. It depends on your needs.
There are considerations such as fees, custodian/comingled account, type of securities, mode of investment, fractional investment, minimum investment sum, customisability, etc. More detailed comparison here: https://blog.seedly.sg/singapore-robo-advisor-investment-comparison/
You then have to make a decision on which platform is able to satisfy your objective most.
For example, if my top priority is security then I may go with a roboadvisor with individual custodian account such as AutoWealth and Endowus. If no minimum fees is the top priority, the StashAway and Syfe may be more suitable.
There may be some clashes between your top few priorities and you will then have to decide on the trade-offs.
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