StashAway Robo Advisor Review: How Does This Platform Compare?

StashAway Robo Advisor Review: How Does This Platform Compare?

StashAway is a great option for investors seeking to make a very large investment.

Good for

  • Individuals planning to make a very large investment
  • Individuals seeking a robo advisor platform with great flexibility

Bad for

  • Individuals seeking the cheapest possible robo advisor for small investments

Analyst's Rating


StashAway is a great robo advisor for both those seeking to make very large investments as well as those that desire to have flexibility in terms of making withdrawals. In particular, this robo platform is differentiated as the lowest cost option for investments of at least S$2 million and for allowing users to make unlimited, free withdrawals. Additionally, users that sign up through ValueChampion will receive 50% off of their management fees.

Summary of StashAway's Robo Advisor Platform
Lowest management fees for very large investments
Enhanced flexibility: no minimum account balance, unlimited free withdrawals
Less competitive management fee rates for smaller investments
No Rebalancing Fees
ValueChampion Exlusive Promotion: 50% off management fees

Table of Contents

What Makes StashAway Stand Out to Investors

StashAway is a great robo advisor due to its low management fees charged on large investments. The platform is the cheapest robo advisor for investments of at least S$2 million and among the cheapest for investments of at least S$100,000. While StashAway's fees for smaller investments are slightly more expensive than average, users that sign up through ValueChampion will receive 50% off Stashaway's fees for their first S$50,000 for 6 months. For a further breakdown of StashAway's management fees, please refer to the table below.

Summary of StashAway's Management Fees

Total InvestmentAnnual Fee Rate
First $25,0000.80%
Any additional amount $25,000 - $50,0000.70%
Any additional amount $50,000 - $100,0000.60%
Any additional amount $100,000 - $250,0000.50%
Any additional amount $250,000 - $500,0000.40%
Any additional amount $500,000 - $1,000,0000.30%
Any amount above $1,000,0000.20%

Besides low fees on large investments, StashAway is noteworthy due to the flexibility that it provides to its users. First of all, this robo advisor does not have a minimum account balance, which can be useful for those that may choose to withdraw their funds in the future. Furthermore, StashAway does not charge fees for account opening, closing, transfers or withdrawals.

Investment Opportunities at StashAway

StashAway uses a trademarked algorithm (Economic Regime-based Asset AllocationĀ®) to strategically invest users funds. The algorithm accounts for economic trends as well as investors' risk preferences, and invests in ETFs in order to provide cost efficient portfolio management. While users can customise their account preferences and withdraw without penalty, StashAway's strategy focuses on medium to long-term investments of at least 3-5 years.

Management Fees: StashAway vs Smartly

As two of Singapore's first robo advisors, StashAway and Smartly are often compared. To help consumers, we've outlined the annual management fees of each robo advisor. StashAway charges a less expensive fee for very small and very large investments, while Smartly is a bit cheaper for those between S$10,000 and S$275,000. That being said, it is important to keep in mind that Kristal.AI charges the lowest fees for investments of less than S$2 million, with zero fees for those with less than S$50,000 invested and a management fee of 0.3% for its other individual investors.


StashAway Investor Eligibility Requirements

Consider this if you plan to invest at least S$2 million through a robo advisor

Minimum Investment N/A
MAS Licence Capital Market Services License

In order to be eligible for StashAway, investors must be at least 18 years old. Applicants are not required to be Singaporean citizens or permanent residents. Those interested in applying can sign up online by clicking "Learn More" on this page. Singaporean citizens and permanent residents are required to submit their NRIC/FIN or passport copy, proof of residence and IC number. There is no minimum deposit amount of SGD deposits; however those depositing USD must add at least $10,000 per deposit.

William Hofmann

William is a Product Manager at ValueChampion Singapore, helping consumers and SMEs find the best banking products through comprehensive analysis of data. He previously was an Economic Consultant at Industrial Economics Inc, where he conducted a variety of research and economic analyses. He graduated from University of Vermont with degrees in Economics and Psychology. His work has been featured on a variety of major media such as the Straits Times, the Business Times, the Edge, DailySocial, the Entrepreneur and more.