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MoneyOwl

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  • Reviews (28)
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Robo-Advisors/MoneyOwl
Robo-Advisors/MoneyOwl
5.0
28 reviews
claimed

Claimed

This product is managed by MoneyOwl.

USER RATINGS

User Experience

5.0

Ease of Sign up

5.0

Customer Support

4.9

Plans (3)

Slide 1 of 3
  • MoneyOwl

    Equities, Bonds

    INSTRUMENTS

    0.5% to 0.6%

    ANNUAL MANAGEMENT FEE

    $100

    MINIMUM INVESTMENT

    N/A

    EXPECTED ANNUAL RETURN

    Web

    PLATFORMS

  • Fullerton MoneyOwl WiseIncome

    Equities, REITs, Fixed Income

    INSTRUMENTS

    0.5% to 0.6%

    ANNUAL MANAGEMENT FEE

    $1,000

    MINIMUM INVESTMENT

    4.5% to 4.8%

    EXPECTED ANNUAL RETURN

    Web

    PLATFORMS

  • MoneyOwl WiseSaver

    Cash Management

    INSTRUMENTS

    None

    ANNUAL MANAGEMENT FEE

    $10

    MINIMUM INVESTMENT

    N/A

    EXPECTED ANNUAL RETURN

    Web

    PLATFORMS

MoneyOwl

Equities, Bonds

INSTRUMENTS

0.5% to 0.6%

ANNUAL MANAGEMENT FEE

$100

MINIMUM INVESTMENT

N/A

EXPECTED ANNUAL RETURN

Web

PLATFORMS

Details

Product Page Transparency

  • Claimed in January 2021

Best Robo-Advisor Review 2021:
Is MoneyOwl the Robo-Advisor For You?

Being Singapore’s first Bionic Financial Advisor, MoneyOwl fully utilises humans and technology to help customers develop a uniquely customised financial plan.

With the understanding that while money is very personal and involves emotions, the technology employed will aid in integrating complex financial models into one’s financial plan with ease and precision.

MoneyOwl is a MAS licensed financial advisor and fund management company.
MoneyOwl is a social enterprise and a joint venture between NTUC Enterprise Co-operative Limited and Providend Holding Private Limited

Read More about MoneyOwl
Reviews (28)

5.0

28 Reviews

  • 5
    27
  • 4
    1
  • 3
    0
  • 2
    0
  • 1
    0

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    Most HelpfulMost RecentLow to HighHigh to Low
      Posted 17d ago

      Purchased

      MoneyOwl

      Only good for first $10k mamaged free, last toll Dec 31 2021. Not much analytics on the platform. No mobile app is a minus. Other than that it is just a very simple buy and hold product for Dimensional Fund Advisors. Full review on my YT channel!

      0

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      Posted 20d ago
      Signed up for the CFP product with Moneyowl. So far the experience has been good. My financial planner has provided a very comprehensive plan to reach my financial goal.

      0

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      Posted 17 Sep 2021

      Purchased

      MoneyOwl

      So lucky to have Tee Jia Cheng as my advisor to start my financial planning journey, professional yet considerate on behalf of customer, even willing to work OT for planning and discussion till late night. Right attitude with right company, full respect to MoneyOwl's vision and mission.

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      Posted 27 Aug 2021

      Purchased

      Fullerton MoneyOwl WiseIncome

      Investing product portfolio as a company of moneyowl. Your help me so far so good for me a advisor Anton Tan. Is a good advisor. Teach me how to enrolled in . And create Investing portfolio account.. I like it.

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      Posted 17 Aug 2021
      [User Experience] Superb user experience. Customer experience team responds promptly to my email queries. They don't have an app, but an easy work around is to save the login page as a shortcut icon on my home screen. To me, it works just as good as the app. [Returns Rate] Returns in it's 100% Equities dimensional funds has been the highest so far as compared to the other 2 platforms that I have used. About 20% since I put in during CB last year. [Money storage process] They store money in ifast custodian under our individual names. So in event if MoneyOwl goes bankrupt, we would not be forced to liquidate the investments as they are under our name.

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    Discussions (0)
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      How It Works

      Investment Journey

      • Go through needs & risk analysis
      • Login or Sign up
      • Set up an Investment Account and confirm your portfolio
      • Allow 1-2 working days to process through the Online Form OR immediate approval for most cases through MyInfo
      • Investment Account Opening
      • After completion of all the above steps, your Portfolio is now ready to be funded

      Funding Process

      • Transfer Investment amount by online banking
      • Funds received in cash account within a day subjected to use of FAST/PayNow. To avoid delay, it is of utmost importance that the Reference Code is indicated in the transfer.
      • For Lump Sum: Cash account deducted and buy order placed
      • For Monthly: Buy order placed on 15th of the month (or next working day after 15th)
      • Portfolio holdings updated within 4 working days in your account

      Benefits of MoneyOwl

      • High-tech + Human Wisdom - get the best of both worlds as MoneyOwl's bionic element provides both suggestions from the real-life experienced actual human advisors, and shrewd computerized algorithms to help you achieve your investment goals
      • Non commissioned-based Advisers - MoneyOwl’s advisers are salaried-based and are not remunerated by commissions. There is no incentive to hard-sell or to promote products that reward with higher commissions; hence, you can rest assured that suggestions are based on your best interests.
      • One-stop financial service platform - MoneyOwl offers services from Comprehensive Financial Planning, Investments and Insurance to Wills. They also incorporate national schemes such as CPF for a more comprehensive and competent financial advice and fund management services in support of your plan.

      Eligibility: Who Can Apply for MoneyOwl?

      • Minimum age required to open an Investment Account is 18 years old
      • Minimum one-time investment amount is $100
      • Minimum monthly investment amount is $50

      Fees and Charges for MoneyOwl

      • MoneyOwl Advisory Fees:
      • 0.60% p.a. up to $100,000, 0.50% for $100,000.01 and above
      • Platform Fees: Absorbed
      • Fund Expense Ratio (Estimated): 0.28% to 0.32% p.a
      • There are no fees for the closure of a MoneyOwl Investment Account

      Contact MoneyOwl

      • Visit MoneyOwl's website for more information
      • General line: 6329 9189
      • Advisory line: 6329 9188

      Contact us at [email protected] should you require any assistance or spot any inaccuracies.

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