InvestSMART

How it works

InvestSMART is Australia's first robo adviser, allowing Australians to see the portfolio composition that matches their expected return and risk appetite.InvestSMART offers asset allocations to suit the needs of most investors. Automate portfolio management allows you to automate your investment decisions, including everything from timing of the market to rebalancing your portfolio to save you time and money. Monitor your performance and optimise your portfolio assets through HealthCheck. InvestSMART truly provides a holistic solution to improving your portfolio, allowing you to access research, advice, a portfolio manager, and automatic tracking of your dividends, dividend reinvestment plans, and company announcements.

Category

• General Information
• Investing

Type of help

• DIY Tool

Where can I get this?

Online
App Store

Are there any other availability restrictions?

Services Offered

Will I learn what type of risk taker I am?

Yes

Will it produce a financial plan?

No

What types of investments are available?

Shares
Exchange Traded Products
Structured Products
Direct Property

How many investment portfolio options are available?

There are 9 investment portfolios available

Where can I invest?

• Australia

Who manages my investments?

InvestSMART Financial Services

In whose name are investments held?

Professional Custodian

Is there professional research available on the investment options?

Yes (InvestSMART)

Will it allow me to trade automatically?

Yes

Will it automatically rebalance my portfolio?

No

Will it provide reports on my investment performance?

Yes

Cash management account

Yes

Automated alerts and updates

Yes

Can I access other professional help through this service?

• No

On which platform can I use this?

• Computer
• Tablet
• Smartphone

Account opening & closing

How do I create an account?

Online

Account opening speed

• 5 minutes

Will it capture my personal financial information automatically?

Yes

Will I be asked questions about my situation?

Basic (< 5 questions)

How fast can I get my invested money back?

> 3 Days

Who it's for

Accessable by

Myself

Life stage

• Starting Out
• Mid-Career
• Established

Type of customer

• Consumer
• Wholesale Investor (>$250k p.a income or $2.5m assets)

Advice stage

Assess My Financial Situation
Implement Financial Plan
Review My Progress
Multiple Stages

What is the minimum amount I have to invest?

$10,000

What is the minimum amount I have to be earning?

No minimum

Customer service & support

Is there general financial education information provided?

Yes

Customer support

• Email
• Phone
• Live Chat
• FAQ

Who do I complain to as a last resort?

• Australian Financial Complaints Authority (AFCA)

What it costs

Fee structure

• One-Time Fee
• Fees Based On Value of Assets
• Commissions Based On Portfolio Performance

Minimum contract period

Not Applicable

Free Trial

15 days

Payment method

• Cash Management Account

Is it legitimate & secure

Trading name

InvestSMART Financial Services Pty Ltd

Who owns the company

Not Available

Who runs the business

• Nigel Poole, Jim Noort, Ron Hodge

Date founded

1999

Number of staff

51-200

Security & Regulatory Compliance

Will it verify my identity?

Online

Will it send me a confirmation security number to sign-up?

No

Are my records destroyed when I leave?

Unknown

Is there detailed documentation about the product?

Yes

What company holds the financial license?

INVESTSMART FINANCIAL SERVICES PTY LTD

Financial Services Guide?

Yes

Contact Information

Website

Visit website

Email

Send email

Phone Number

1300 880 160

Address

Level 9, 37 York Street Sydney NSW 2000

Social Media