I’ve used many other common roboadvisors but was curious when UOB offered UOBAM Invest with a separate mobile app and it’s amazing.
It’s been 1 month of using it and I must say the app is great, very smooth, prompt notifications and really simple. Deposits come in the next day and orders get placed instantly when market open. I really enjoy using the app, it’s very simple and fluid, never encounter any bugs and super straightforward.
Investing with UOBAM is easy without the need to own a UOB account. UOBAM team also manages cooperate accounts which gave me more confidence on their investment choices.
Customer support is decent and my enquiries get a reply within a few hours. I suggest anyone to give it a try, with minimum investment of just $1. The only downside to UOBAM is that there isn’t much options to choose from, you simply set a goal and your risk appetite and you can begin investing and DCA every month with scheduled contributions. I don’t mind it as it makes things simpler for me as a robo investor.
Overall great product by UOB compared to other bank offerings.