Best Robo-Advisors in Singapore (2026)

What happened?

There are more ways to invest with a robo-advisor in Singapore today.

Investing has traditionally involved opening a brokerage account, selecting investments and building your own portfolio.

While this gives investors more control, it also requires time to learn about different assets, manage risks and monitor a portfolio over time.

To make investing more accessible, robo-advisors emerged as digital wealth platforms that build and manage investment portfolios on behalf of investors.

Since arriving in Singapore in the late 2010s, robo-advisors have expanded their offerings to cater to different investor needs, including cash, CPF and SRS investing.

In this guide, I compare the main robo-advisors in Singapore, how they work, their fees, and the key factors I would consider before investing through one.

What is a robo-advisor?

A robo-advisor is a digital platform that recommends and manages an investment portfolio based on factors such as your financial goals, investment horizon and risk tolerance.

Robo-advisors share similarities with mutual funds in that they act as fund managers, selecting funds and creating pre-set portfolios tailored to specific criteria like risk level, portfolio allocation, and investment themes. 

The key distinction lies in their investment approach. 

Generally, robo-advisors employ a passive investing approach, building portfolios using exchange-traded funds (ETFs). In contrast, mutual funds often take an active management approach, aiming to outperform the market in line with the fund’s mandate. 

That said, not all robo-advisors use just ETFs. Endowus and DBS digiportfolio, for example, construct some portfolios using mutual funds, while OCBC RoboInvest includes direct investment in stocks and bonds alongside ETFs. 

In addition, robo-advisors automate many traditional investing tasks. Processes like account opening, portfolio rebalancing, and trading underlying securities are handled by or supplemented by technology.

This automation, coupled with a passive investment approach and pre-build portfolios, allows robo-advisors to reduce investment costs and scale their wealth management services to more investors. 

Typically, when using a robo-advisor for the first time, you will go through an online questionnaire to gather information about your financial goals and risk appetite. The data is then used to recommend an investment portfolio with optimised returns given the risk parameters, or your given investment objectives. 

Over time, these portfolios will be automatically rebalanced periodically or when the portfolio allocation moves away from its targets due to changes in the market. 

Best robo-advisor platforms in Singapore

Here are some of the robo-advisors in Singapore that you may consider:

Which robo-advisor may be worth considering?

There is no single robo-advisor that will meet every investor’s needs.

Instead, I would first determine what source of funds I am investing and how much involvement I want in managing the portfolio.

Endowus

Endowus stands out for its support of CPF OA, SRS and cash investing on a single platform.

Unlike many robo-advisors that primarily invest through ETFs, Endowus uses a range of institutional-class funds and rebates trailer fees received from fund managers.

Endowus has over US$6 billion in group assets, making it one of the largest independent wealth managers in Asia as of September 2023.

Endowus takes an evidence-based approach for the highest probability of success and prides itself on taking out luck and the temptation of timing the market out of investing.

Read our review of Endowus here. 

StashAway

StashAway is a robo-advisor with over US$1 billion in total assets under management.

The platform offers risk-based portfolios, income portfolios, thematic strategies and flexible portfolios.

Their portfolios seek to keep your downside risk within the selected risk level and maximise returns, ensuring that your investment mirrors your unique comfort level.

Its flexible portfolio option may appeal to investors who want greater control over their asset allocation while still benefiting from automation.

Read our review of StashAway here. 

Syfe

Syfe is a robo-advisor that also has an online brokerage platform for US, Singapore and Hong Kong stocks. Since its launch in 2019, it has since expanded to Hong Kong and Australia.

Syfe uses a multi-factor approach that enhances long-term returns, reduces volatility and improves diversification.

Syfe offers a range of portfolios including globally diversified portfolios, income-focused portfolios and customised portfolios.

Its low minimum investment requirements make it accessible for investors who are just starting out.

The platform also supports SRS investing and provides a straightforward user experience for investors looking to automate their investments.

Read our review of Syfe here. 

AutoWealth

AutoWealth takes a passive market-returns portfolio investment approach.

Despite the term robo-advisor, AutoWealth has a team of investment experts that help you fully manage your portfolio.

The platform also supports SRS investing and may appeal to investors who prefer a simpler portfolio construction methodology.

Read more about AutoWealth Starter here.

DBS digiPortfolio

As part of Singapore’s largest bank, the DBS digiPortfolio offers hassle-free, ready-made investment portfolios for Singaporeans.

Their portfolios are curated by DBS’ team of portfolio managers and are aligned with their Chief Investment Office’s views to ensure optimal asset allocation and portfolio resilience and initiate rebalancing whenever necessary.

One of their notable portfolios is the DBS Retirement digiPortfolio which lets you determine the age you want to retire at and helps you grow your retirement funds to achieve that.

Which robo-advisors support CPF and SRS investing?

One of the biggest differences between robo-advisors is the source of funds they support.

Certain robo-advisors, such as Endowus and AutoWealth, allow you to invest using your CPF and/or SRS funds.

This feature provides greater flexibility and additional avenues for growing your wealth, enabling you to make the most of your CPF and SRS savings through professionally managed portfolios.

Here’s a list of robo-advisors and whether they provide CPF and SRS options:

Learn more about CPF Investment Scheme here.

Learn more about Supplementary Retirement Scheme (SRS) here.

What to consider when choosing a robo-advisor?

While it is tempting to choose a robo-advisor with the lowest fees, a more informed approach is recommended, especially when you’re investing for the long term. Here’s what you need to consider before choosing a robo-advisor

#1 – Investment methodology

Understanding a robo-advisor’s investment methodology and the underlying funds in your recommended portfolio is one of the most crucial factors to consider.

Take the time to learn about the robo-advisor’s approach to investing. 

How do they allocate funds? Do they follow a passive strategy using ETFs, or do they incorporate actively managed funds? 

For instance, StashAway uses an investment methodology called ERAA (Economic Regime-based Asset Allocation) that ensures that your portfolio stays within your selected risk level throughout different economic cycles.

On the other hand, DBS digiPortfolios are curated by a team of investment experts with guidance from its Chief Investment Officer on tactical asset allocations. 

Once you’ve signed up and received a recommended portfolio, you can easily look up the the underlying assets within the portfolio factsheet. 

You may want to research the specific ETFs, stocks, or funds included in your portfolio to ensure they align with your financial goals and risk tolerance.

#2 – Fees

The next thing that you should consider is the fees of a robo-advisor. These typically include management fees, platform fees, foreign exchange fees, and, in some cases, performance fees.

Review the fee structure carefully, and compare it across different robo-advisors to ensure you’re getting the best value for your investment.

Here’s a breakdown of the management fees of the various robo-advisors in Singapore: 

#3 – User experience and platform functionality

As with online brokerages, most of your interaction with a robo-advisor will be through its online platform or mobile app.

Although you might not need to access the platform frequently since robo-advisors are designed for hands-off investing, it’s still ideal that the app or platform is user-friendly and intuitive. 

A well-designed interface can make it easier to find the information you need, monitor your portfolio, and access key features without frustration.

#4 – Rebalancing

Lastly, you should consider how and when a robo-advisor rebalances your portfolio. While some platforms give you the option between automated and recommended rebalancing, most robo-advisors handle this process automatically.

Rebalancing can occur under various circumstances. Some platforms may rebalance periodically, such as twice a year. Others may rebalance when the portfolio allocation deviates significantly from its targets. While others may rebalance or reallocate assets to improve the performance of the fund based on market conditions or reduce the fees incurred.

When evaluating a robo-advisor, think about whether you’re comfortable with their rebalancing methods and frequency. 

More importantly, consider whether you trust the platform to manage this process on your behalf effectively.

What are the advantages of using a robo-advisor?

#1 – Low minimum investment

With some robo-advisors, you can start investing with as little as S$1! 

In the table below, I’ve shared the minimum investment required by each robo-advisor:

This low barrier of entry makes it easier to start your investment journey, even with limited capital. For those just starting out in their career, robo-advisors enable them to invest smaller amounts and build their portfolio early. 

Starting earlier also means you can take full advantage of compounding over time, which is a key driver of long-term wealth growth. 

For example, one share of the Vanguard S&P 500 ETF (VOO) trades at around USD 533 as of writing. With a robo-advisor like StashAway, you can invest just S$50 into a portfolio that includes this ETF, making it much more accessible than buying shares directly. 

 In addition, you can ideally implement a dollar-cost averaging (DCA) strategy with smaller sums through a robo-advisor. When investing directly in ETFs or stocks, DCA using smaller amounts may be more impractical because you may incur brokerage fees for each transaction. 

#2 – Low fees

Robo-advisors keep costs low by leveraging technology and employing a passive investing approach. This efficiency allows them to scale their services while maintaining affordability.

Compared to traditional managed funds that typically charge annual fees ranging from 1% to 2% of your invested amount, robo-advisors are significantly more cost-effective. Their fees generally range from 0.20% to 0.88% annually. 

#3 – Diversification

Ask any seasoned investor and they’ll stress the importance of a well-diversified portfolio. 

Robo-advisors make diversification easier to achieve. Instead of purchasing individual stocks or ETFs, which often require higher minimum investment per asset, you can invest in a diversified portfolio of ETFs with as little as SGD100, for instance. 

This approach spreads your investment risk right from the start of your investment journey, reducing exposure to concentration risks. In contrast, DIY investors may face greater risk while building their portfolio gradually with individual stocks and ETFs.

#4 – Access to wealth advisors and learning resources

Despite their name, many robo-advisors in Singapore provide access to a team of financial advisors and customer support reps, who can help you better understand their products and provide guidance on investing as a whole.

In addition to personalised support, most robo-advisors provide educational resources on their website and app. These materials are designed to inform and educate investors, making it easier for beginners to level up their investment knowledge and gain a deeper understanding of investing. 

What are the drawbacks of using a robo-advisor?

#1 - Cost may not make sense for large investment amounts

While robo-advisors are cost-effective and practical for smaller investment amounts, they may not be as economical if you’re passively investing a large sum. 

This is because management fees are charged annually on the total invested amount, which can add up significantly for larger portfolios.

In contrast, when you buy ETFs directly through a brokerage, you typically pay a one-off transaction fee rather than ongoing management fees. 

Over time, this difference can make direct ETF purchases more cost-effective for investors with substantial funds.

Let’s compare the costs of investing $100,000 through a Syfe Managed Portfolio (which charges an annual management fee of 0.55%) versus investing the same amount through Syfe Trade, which charges a one-time brokerage fee of 0.055% per trade:

#2 – Limited customisation

If you prefer to take a hands-on approach to investing and actively make your own investment decisions, a robo-advisor may not be the best fit. In such cases, managing your own portfolio by directly purchasing stocks and ETFs might be a better option.

That said, some robo-advisors like Endowus, StashAway, and Syfe have introduced features to cater to investors seeking more customisation, such as build-your-own portfolio options. 

One key advantage of using these platforms is access to funds at different share classes with lower expense ratios, potentially allowing you to pay less in fees compared to other fund platforms. 

However, do note that you’ll still need to pay a management fee at the platform level.

#3 – Research into underlying funds and platforms is still necessary

Perhaps the biggest risk of using a robo-advisor is that new investors may invest without fully understanding the platform’s investment methodology or underlying funds in a given portfolio.

While robo-advisors can guide you in your investment journey with curated portfolios, they are not entirely a “set-it-and-forget-it” solution. You still need to conduct research and check your portfolio from time to time to ensure the platform and portfolio align with your financial goals and risk tolerance.

Another misconception is that robo-advisors function as comprehensive financial advisors or planners capable of giving financial advice and planning your finances. 

In truth, robo-advisors are better viewed as tools designed to aid your investments, rather than provide holistic financial planning. 

What would Beansprout do?

Before choosing a robo-advisor, I would first think about the purpose of the money and when I am likely to need it.

If the money may be needed within the immediate to short term, I would prioritise preserving capital and liquidity. In our Four Pots of Wealth framework, this would fall under the Liquidity Pot, where I would typically consider options such as savings accounts, fixed deposits, T-bills or Singapore Savings Bonds.

If the money is intended for long-term wealth building and I can stay invested through market ups and downs, it may be more suitable for the Growth Pot. In this case, a robo-advisor can provide a convenient way to invest regularly in a diversified portfolio without having to manage every investment decision myself.

Robo-advisors may be particularly useful for investors who are new to investing, short on time, or looking to automate a dollar-cost averaging strategy through regular contributions.

When comparing robo-advisors, I would focus on the investment approach, fees, available portfolios, minimum investment requirements, and whether I can invest using CPF or SRS funds.

If you are looking for the robo-advisor for the lowest minimum investment required, StashAway and Syfe allow you to start with no minimum sum required. 

Robo-advisors typically charge 0.2% to 0.8% for cash investments in their managed portfolios, with Endowus, StashAway and Syfe offering competitive fees within this range.

If you want to try an investment solution that automates things for you — similar to how a robo-advisor would — then explore TrustInvest inside the Trust Bank app: minimal starting investment (S$100), no separate platform sign-up, and funds managed by a global asset manager.

If I am looking to invest using SRS funds, I would consider platforms such as Endowus, StashAway and Syfe and AutoWealth. 

If you are looking to invest using CPF OA savings, Endowus and Autowealth currently offer managed portfolio options. Endowus provides a broader range of CPF-approved portfolios and funds, while AutoWealth offers a managed CPF OA portfolio.

Ultimately, I would choose the robo-advisor that best matches my goals, risk tolerance and preferred level of involvement in managing my investments, rather than simply selecting the platform with the lowest fee.

Here’s a list of sign-up promotions currently offered by different providers:

If you are looking to invest in unit trusts and mutual funds, then check out our guide to the best unit trust platforms in Singapore.

If you are looking to take a more active role in your investing, check out our guide to the best online brokerage and trading platform in Singapore.

If you are looking to trade options with advanced tools and competitive fees, then check out our comparison of the best options trading platforms in Singapore.

Which robo-advisor platform do you currently use, and what matters most to you? Share with us in the comments below or in our Telegram group!

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