Ensure that your company and products are accurately represented on our platform. In this article, we’ll pick out the top REITs for investing in the data centre sector. In these contexts, if you compare Endowus with other Singapore-based Robo advisory platforms, they are generally more expensive as compared to others. So you’ll be incurring higher fees when you combine both fund-level fees and Endowus level fees. For instance, you can expect a cash redemption to reach your account in around 4-6 business days, while a CPF or an SRS redemption will take approximately 6-8 business days to be received by you. As for the redemption of your investment, different modes will take different time-span to reach your account.

  • You can now easily set up other funding source and recurring investment from goal pages.
  • So, whenever they recommend you a product, they are not impacted by any kind of incentivisation.
  • Get a personalised financial plan with Endowus to help you reach your wealth goals.
  • Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
  • Using Twilio Verify’s flexible and secure user verification application programming interface , Endowus now makes user authentication easy with auto-generated, one-time password messages.

They will answer any technical questions with paragraphs of explanation. I will still continue to invest in endowus and already have plans to move my other funds from other platform over. A digital media company reporting on the most promising technology-driven businesses and trends in the world’s emerging markets. Notably, as a fee-only wealth platform, we are trying to make this industry more transparent.

So, as you can see, not many robo advisors in Singapore let you invest in both CPF and SRS funds along with cash. Endowus is well-known for its customer support and advisory principles. Along with providing the investors with expert-level advice, the community organises regular webinars and podcasts on financial management. This makes the platform to be significantly helpful for beginners. Enriched with expert advisory at the lowest possible cost, this private limited company provides you with advice based on Harry Markowitz’s Nobel Prize-winning research on Modern Portfolio Theory.


In 2020, Kenneth was recognised by WealthBriefingAsia as the “Outstanding Individual in Private Banking”. By contrast, Endowus is in the wealth management business, which is very different. For us, it’s about having your money in the right strategies that are appropriate for your goals, and those strategies should be focused on diversification to lower risk,lower costs, and increase returns.

They’re not only getting paid by the client but also from fund managers managing the products they’re selling. Financial services providers also get paid on a transactional basis. This is why we work hard to proliferate the fee-only wealth management movement, both online and offline. Endowus was established in Singapore as the first, and now the largest independent digital wealth advisor to span both private wealth and public pension savings (Central Provident Fund & Supplementary Retirement Scheme). Endowus provides a financial technology platform that helps people manage their financial future.

Lumen is an MAS-licensed, Singapore-based wealth advisor and multi-family office that is founded and led by Wilfried Kofmehl, a private banking veteran with 30 years of experience with global institutions such as UBS. SINGAPORE, Oct Singapore-based digital wealth advisor Endowus has acquired a majority stake in Hong Kong-based wealth manager and multi-family office Carret Private Investments Limited, it announced on Monday. Endowus is the first and only digital advisor for the Central Provident Fund, Singapore’s obligatory fund that primarily finances citizens’ retirement, healthcare, and housing needs. Endowus’ mission is to put its clients first – the company is only paid by its clients, eliminating conflicts of interest and allowing its advisors to choose the optimal products for a client’s individual needs and goals. If you’re looking for a Robo-advisor in Canada, we’ve compiled a list of the finest Canadian Robo-advisors and explained why we believe they’re among the best-automated wealth management platforms.

Total Raised

On the other hand, this initial minimum investment amount is calculated across all your goals, and not per goal. Endowus doesn’t have any lock-ups, penalties, or redemption fees.

  • The tie-up will allow Endowus’ private wealth clients to gain institutional-quality access to private market initiatives across equity, debt and real assets.
  • The Endowus story started when its co-founders – experienced financial and technology professionals from Goldman Sachs, Morgan Stanley, Grab, Blackstone, and more – were frustrated by the hurdles they faced in investing their own money.
  • They’ve also been able to significantly decrease the time it takes to execute campaigns.

Endowus recently announced its Hong Kong expansion plans, key management hires, and licensing by the Securities and Futures Commission of Hong Kong . Endowus will be the first digital wealth service in Hong Kong to launch 100% trailer fee cashback to its clients, doubling down on its mission to make investing more affordable for everyone. It will be a launchpad to overcome the industry pain points of high cost and misaligned incentives that often lead to poor investment advice and outcomes for clients. Provider of financial advisory and personalized investment services intended to grow the clients’ money. As part of the expansion of solutions and services to a broader range of asset classes and client base, Endowus recently announced the introduction of new private market and alternative solutions.

Endowus’ acquisition of Carret Private signals its accelerating entry and commitment to serve the needs of Hong Kong investors, and its greater ambition to serve the regional wealth markets. The combined Endowus Group client assets surpassed USD4 billion, as of end-H1 2022. Clients can make and manage their investments conveniently through the firm’s online portal or mobile app, without being charged sales or transaction fees. Fund Smart remains the lowest cost platform to access exclusive single funds and strategies across all client segments including retail and accredited investors, as well as high-net-worth-individuals. This access will now extend to external asset managers such as Carret Private and Lumen. In some developed financial markets such as the US and the UK, getting sales commissions or trailer fees from fund managers is illegal. By contrast, in Asia, this mode is the primary way for fund distributors and financial services providers to get paid.

Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Braze For Success Evolve your customer engagement program with our award-winning services. Instantly get the right message to the right customers on any channel. The Endowus team has also been impressed by how easy it is to expand Twilio and work with its interface. “It doesn’t require a tech with specialised skills to work with it. Our team can go in and make a change, visualise it, test it and then send it out.

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