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Stockspot is Australia's first digital investment adviser. We were founded in 2013 with a mission to help more Australians access expert investment advice and portfolio management.We want to do away with the high fees, confusing jargon, endless paperwork and lack of transparency that gives the wealth management industry a bad reputation.Today, we're the largest and fastest growing digital investment advice (robo-advice) service in Australia. We're helping thousands of Australians manage their money smarter with our low-fee transparent investment service.Stockspot was selected as one of the Leading Fintech Innovators globally by KPMG in 2014 and 2015, as well as Asia's most innovative new financial technology start-up of 2014.
Stockspot, based in Australia, is an online automated investment adviser and fund manager.
Stockspot is an automated investment tool that allows opening accounts for individuals, joint, company, trust, and self-managed super funds (SMSF). The company doesn’t provide its services to non-Australian citizens who also live outside of Australia. The initial amount of starting investment is $2,000. The company claims to provide service without the high fees, confusing jargon, endless paperwork, and lack of transparency and provides Australians with a low-fee investment service.
The company charges subscription fees to generates its revenue.
Stockspot uses Mean-Variance Optimisation - the foundation of Modern Portfolio Theory, to allocate the percentage of each asset class in customers portfolio.
$20 M in 2017
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