2016 Australian Robo Adviser Roundup

Robo-Advisor Money Investment Automated Investment

Six Park Landing Page

1

Six Park

Create your very own globally diversified, professionally managed portfolio of investments online today.

Launched in May 2016, Six Park offer 5 ETF porftolios all overseen by their investment advisory committee. Each investor is setup with a Macquarie Bank Cash Management Account (CMA), and ETFs are traded under the individual’s own Holder Identifier Number (HIN) in a Managed Discretionary Account (MDA). The signup process includes a Statement of Advice which outlines their recommendations. A Six Park portfolio requires a minimum of $10,000 to be traded, but clients can start the process and open up accounts with them for just $1. Six Park also offers an SMSF option through their SMSF partner.

#Robo-Advisor #SMSF #Automated Investment
Stockspot Landing Page
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Stockspot

Australia's largest digital investment adviser. We help you build and manage a personalised portfolio tailored to your financial situation and goals. It's professional investment advice without the high costs of seeing a human adviser.
Pricing:
- Official Pricing
Launched in 2013, Stockspot was the first Robo Adviser in Australia and is probably the most well known. They offer 5 ETF porftolios, and their structure involves each investor being setup with a Macquarie Bank Cash Management Account (CMA), and ETFs are traded under the individual’s own Holder Identifier Number (HIN) in a Managed Discretionary Account (MDA). The signup process includes a Statement of Advice which outlines their recommendations. Stockspot’s offering is run through a combination of tools including Macquarie CMA, Sanlam Private Wealth, DesktopBroker and Sharesight portfolio management. A Stockspot portfolio can be setup with a minimum of $2,000.

#Robo-Advisor #Automated Investment #Investing
QuietGrowth Landing Page
3

QuietGrowth

QuietGrowth is a digital investment management service or robo advisor. It manages the investments of clients to achieve risk-optimised returns over the long-term.
Pricing:
- Paid
- Official Pricing
Quietgrowth’s investor’s funds are held in Segregated Client Accounts (SCA) managed by Saxo Capital Markets. Quietgrowth offers 5 ETF portfolios, has a minimum investment of $2,000 and was launched at the end of 2015.

#Automated Investment #Robo-Advisor #Robo Advice
Acorns Landing Page

4

Acorns

Automated portfolio management monitoring your investments

Launced in January 2016 and possibly the one that has generated the most buzz, Raiz (formerly known as Acorns) has a unique model where it invites investors to link up their bank accounts and credit cards, and then offers to round up all their transactions to the nearest dollar and invest this amount into an ETF portfolio. It is effectively a piggy bank for the modern day. Whilst this gimmicky feature won’t turn you into a millionaire in a hurry it is an effective way to get people started with investing. Investors can also invest larger amounts, and have regular savings plans just like all the Robo Advisers listed above. Acorns is structured more like a regular managed fund where investors’ funds are pooled, and has a minimum investment amount of $5. Yes that’s correct, $5!

#Personal Finance #Financial Planner #Accounting
Clover Landing Page
5

Clover

Clover is your personalised investment advisor. We recommend, build and grow your personalised investment portfolio all for a low fee. Try Clover now!
Pricing:
- Official Pricing
Launching in October 2016, we can’t tell how many portfolios Clover offers. Clover runs a similar model to Stockspot, Ignition Direct and Six Park with investors holding a Macquarie CMA and executing trades through OpenMarkets.

#Robo-Advisor #Automated Investment #Personal Finance