Our robo advice = Personal financial advice + Manage funds on your behalf

Ultimate goal of a robo-adviser

To provide the best long-term, risk-optimised returns to the client net-of-fees.

This goal aligns with what a typical client wants — "What is the return I might enjoy in the long term for the portfolio risk I am advised to take?".

Robo-advice is all about — "How well the firm is providing personalised investment management and finance advice service to the client digitally?".

Your money is not managed by robots

No robots work at QuietGrowth! Experts design the algorithms to provide personal financial advice, and construct investment portfolios.

Software is leveraged to democratise investment management and financial advice by automating many processes, and by building interactive interfaces to engage clients at scale.

You get personal financial advice

We categorise a firm as a robo advisor if it provides digital investment management service including personal financial advice. More info 1   More info 2

As we are aware, there is no regulatory rule in Australia that explicitly says a firm offering 'general financial advice' but not offering 'personal financial advice' should not be called a robo advisor. However, we at QuietGrowth find it prudent to avoid calling a firm that only offers 'general financial advice' digitally a robo advisor.

Robo advice, digital advice and automated advice are the same. More info

You get discretionary investment management

We manage the funds that we invest on your behalf. We do it through the Managed Discretionary Account (MDA) we set up for you.

About robo advice in MoneySmart 

MoneySmart website is run by the Australian regulator ASIC.