AutoWealth

AutoWealth

4.6
(33)
Write Review
Ask Question

Ratings Breakdown (33)

4.6
  • 5
    26
  • 4
    4
  • 3
    2
  • 2
    1
  • 1
    0
OperationsMAS Financial Advisor Licence (FA100064-1)
MethodologyDiversification across major asset classes, geographical regions, and industries.
FeesFlat 0.5% of total invested + USD18 platform fee per year
MinimumS$3,000 to start
More about AutoWealth
Reviews (33)
Q&A (17)
Sort by:
Most Recent
  • Most Recent
  • Most Upvote
  • Lowest to Highest
  • Highest to Lowest
  • Jasmine Tsoi
    Jasmine Tsoi
    10 Reviews, 39 Upvotes
    Reviewed on 15 Sep 2018
    Their website is easy to use, and they will assign an advisor to you before you put any investments with them. Their advisor is also very responsive on WhatsApp! Although the min sum is higher at 3k, however it also means that the funds are held under your name in a custodian account. Makes it a bit more secure I feel? It's a good way to enter the US market if you have no clue how to do it yourself.. like me! 😂
    Comments (0)
    1
    0
    Share this
  • Changzhong Zhuang
    Changzhong Zhuang
    7 Reviews, 27 Upvotes
    Reviewed on 10 Jul 2018
    Yays 1. Very simple, understandable investment approach - invest across stocks and bonds, auto rebalancing 2. Straightforward interface, reasonable fees Nays 1. Their approach is so simple that it makes you wonder why you're paying them to do it for you
    Comments (0)
    2
    0
    Share this
  • Jackie Low
    Jackie Low
    4 Reviews, 4 Upvotes
    Reviewed on 22 May 2018
    First started investing Oct 17. Have seens good returns since then till the market correction around Feb 18( fluctuating up and down till now - still in positive range) . Seems to be the only one where an advisor is assigned to you personally for setting up account and answer your queries when needed. Minimum investment amount is 3000sgd but is converted to USD for investment in US market. Investment in a pool of different US etfs and bonds which are quite diversified. Able to choose different portfolios ranging from low risk to high risk based on your preferences.
    Comments (0)
    1
    0
    Share this
  • Kevin Ho
    Kevin Ho
    2 Reviews, 4 Upvotes
    Reviewed on 27 Apr 2018
    I actually took an in depth look at both StashAway and AutoWealth, and I prefer Autowealth because they don't have an opaque "re-optimisation" regime, and it is a lot easier to adjust the equity-bond mix. However, a number of key problems remain: 1. Heavy allocation to bonds 2. No allocation to REITs 3. High Fees 4. Withholding Tax Personally, I still prefer DIY investing, simply because of the fees. A 0.5% fee requires the robo to outperform the index by 0.5% which is incredibly hard, and I do not feel that they do enough to justify their hefty fees. Full review at https://financialhorse.com/autowealth-1/
    Comments (0)
    1
    0
    Share this
  • Bryan Chong
    Bryan Chong
    12 Reviews, 25 Upvotes
    Reviewed on 24 Apr 2018
    Signed up last month! US Market was down! Today I am slowly seeing the returns! Turns out they have a $20 referral bonus and is quite a feasible amount ($15 USD) for your own portfolio! Do try out their interface and get answers through their friendly agents! Hit me up if you have any questions!
    Comments (0)
    1
    0
    Share this
  • Amy Wang
    Amy Wang
    5 Reviews, 5 Upvotes
    Reviewed on 18 Mar 2018
    Just started w/AW since Feb and the experience has been good so far. My favorite part of the experience is that the Customer service channels (whatsapp, email or RM) have been really responsive. The portfolio mix of ETFs are pretty well known to me so no trouble understanding AW's selection. The UI is straightforward, and have no trouble accessing it, even on my phone (yes I don't really need an apps). The information presented so far is exactly what I need.
    Comments (0)
    1
    0
    Share this
See more reviews

Write a review

About AutoWealth

AutoWealth started in the year 2015 by ex Investment Banker, Ow Tai Zhi and ex Management Consultant, Noel Lee.

Method of investing for AutoWealth

A rule-based investment approach and strategy which places a strong emphasis on diversification across major asset classes, geographical regions, and industries.

Minimum investment and fees for AutoWealth

The minimum investment of AutoWealth is at either S$3,000 flat fee, or 0.5% of total invested + USD18 platform fee per year.