Robo- advisors vs Brokers: What is the difference?
Robo-advisors are the new investment rage now, with many investors, both young and old, putting anything between $1,000 to $1,000,000 with these new platforms. Robo-advisors generally provides a convenient, low-cost with restricted investment options, although some offer more secure and customised solutions.
In this session, find out from Lean Sing and Ee Chien as they cover:
- What is a robo-advisor or a digital wealth platform
- The key differences between robo-advisors and brokerages
- What to look out for when choosing a robo-advisor
- Endowus suite of offerings, including DIY investing platform Endowus Fund Smart
Speakers' Profile
Chua Ee Chien, Business Development & Partnerships, Endowus
Ee Chien is the Director of Business Development & Partnerships at Endowus. Ee Chien started his career at Goldman Sachs trading equity derivatives. He subsequently headed Uber's vehicle solutions team in Singapore, before spending a few years launching financial products in Grab Financial Group from credit cards and GrabInvest, to GrabInsure products. He graduated from Brigham Young University with a BA in Public Relations.
Ding Lean Sing, Client Experience Lead, Endowus
Lean Sing is the Client Experience Lead at Endowus. Lean Sing started his banking career at OCBC before moving on to Citibank Singapore, where he provided investment advisory services to Citigold clients for over 4 years.
About Endowus
Endowus is the first digital investment advisor to offer CPF Investment Scheme ("CPFIS") investment services in Singapore. It enables you to invest your CPF, SRS and cash savings better, at the lowest cost possible, with expert advice for your future needs, including retirement.
UOB Kay Hian has partnered Endowus to be the Investment Administrator for CPFIS. 100% of your CPF-OA investible balance can be invested using Endowus. The investible balance is all of the CPF-OA after setting aside the first S$20,000.
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