Robo-advisors were first launched in 2008 during the financial crisis. However, it was not until 2010 when a 30-year old entrepreneur, Joe Stein, launched Betterment that robo-advisors increased in popularity. According to Statista, the asset under management (AUM) in the segment is projected to reach US$987,494m in 2020.

 

Compared to a flesh-and-blood financial advisor, this automated, algorithm-driven service is more convenient and costs much less for investors. A recent survey by PricewaterhouseCoopers highlighted that over 95% of Hong Kong people do not have access to sufficient investment tools. 

 

Furthermore, access to a professional investment advisor is out of reach for the vast majority of people in Hong Kong according to KPMG. If you are looking to start investing yet cannot afford a professional, you should consider using these automated advice platforms as an alternative. Here are three questions that we often get asked as a Fintech startup: 

 

 

What does a robo-advisor do and why should I choose it?

 

There are plenty of options available in the stock market. If you are not an investing geek, choosing what funds and ETFs to invest in and construct and manage a portfolio that is best for you can be overwhelming. 

 

This is when robo-advisors come in. A robo-advisor is an automated investment platform that constructs and manages your investment portfolio for you.

 

AQUMON’s robo-advisor strives to make investing easier and more affordable for everyone. We build an investment portfolio that fits your needs based on your own risk tolerance and investment preferences. 

 

As a Hong Kong based Fintech startup, we understand that not a lot of investors have the time to monitor the stock market considering the fast-paced environment we live in. Our robo-advisor not only saves you all the hassle in building a portfolio, but we also monitor it 24/7 at a low cost.

 

Are fintech startups employees all young and lack experience?

 

Startup companies do not necessarily mean employees at the firm lack the knowledge and experience to excel in their jobs. 

 

Although the median age of our employees is 28 years, this does not mean we are not good at what we do. 

 

In fact, our people are extremely talented and seasoned – our management team had previous experiences at some of the largest financial institutions like UBS, Deutsche Bank and DBS Bank. On top of that, our elite algorithm team is highly educated with most people holding a PHD degree. 

 

What are the advantages of robo-advisors compared to financial advisors?

 

Robo-advisors and financial advisors offer similar investment services so let’s compare them to see why we think robo-advisor is a better alternative.

 

 

AQUMON’s app has a slick interface that allows users to open an account and start investing via the app. 

 

It gives you a high quality, low cost portfolio that is tailored to your own risk appetite. Since it is algorithm-driven, it also offers automated rebalancing and takes your emotion out of the picture.  

 

Want an invest-it-and-forget-it investment journey? Try AQUMON’s robo-advisor! Let us handle all the investing activities for you at a low cost.

 

 

 

 

About us

As a leading startup in the FinTech space, AQUMON aims to make sophisticated investment advice cost-effective, transparent and accessible to both institutional and retail markets, via the adoptions of scalable technology platforms and automated investment algorithms.

AQUMON’s parent company Magnum Research Limited is licensed with Type 1, 4 and 9 under the Securities and Futures Commission of Hong Kong. In 2017, AQUMON became the first independent Robo Advisor to be accredited by the SFC.

AQUMON’s major investors include the HKUST, Cyberport, Alibaba Entrepreneurs Fund and the Bank of China International's affiliate.

 

Learn more in AQUMON APP

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