I previously wrote about Introduction to StashAway - Robo-Advisor/Automated Investing and my friend (lulu - not her real name. lol) asked, why do I think that StashAway has the lowest fee. She then highlighted to me that StashAway has tiered fees. OMG! Can you imagine how shocked KPO would be (especially when he started investing in StashAway)? I was under the impression that the annual fees percentages simply decrease as the portfolio value increases. So KPO went home, took a closer look at the fees involved and started crushing some numbers!
1. StashAway has tiered fees - Pricing Structure.
2. Smartly charges at 3 different rates depending on the value of your portfolio - Pricing.
3. AutoWealth has the most straightforward fees structure (0.5% + USD $18 platform fee) - Our Fees.
At one glance, which one do you think has the lowest fees?
The correct answer is "It depends". lol. ...
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