A digital platform for wealth management

We use digital platforms to manage different aspects of our life. From banking services to ride hailing, food delivery and shopping, there’s a digital app for it. So why not use one to manage your personal financial investments? Kristal.AI is a digital platform and wealth management app that’s useful for people who are always on-the-go and prefer to have greater control of their investments.

About this wealth management app

What sets Kristal.AI apart from other financial investment apps? According to the team, their award-winning digital platform takes a different approach to financial investments. We’ll take a look at how it does this in this post; but what better way to understand how their financial investment app works than by using it? From now until 31 September 2021, Kristal.AI is offering a 100% rebate on the advisory fee when you sign up for the app here and invest US$10,000. The rebate applies in the following month of your investment date, until 31 December 2021. This promotion is available to both retail and private wealth investors with the platform.

Here are some more details to know.

#1 Giving advice that matters

The financial advisors and relationship managers of Kristal.AI give unbiased advice and recommendations; they do this thanks to an algorithm that provides data-driven market insights, combined with views from their Investment Committee.

Investors can also use Kristal.AI’s data-driven algorithm to get financial investment advice tailored to their investment goals. There isn’t any incentive for Kristal.AI to sell financial products to investors.

#2 Helping investors understand what they’re investing in

The Kristal.AI team believes that investors should make informed decisions and take timely advice when it comes to managing their personal wealth. As such, they give investors a library of information to access. There’s a YouTube channel, for example, with videos on topics such as investment basics, market volatility and the risks and opportunities in different sectors. Existing clients also receive Kristal Insights, a magazine that covers product updates and market views that can be easily grasped within minutes of reading.

They also assign a dedicated Relationship Manager and Investment Advisor to each private wealth investor on their platform. The RM will connect with you once you’ve registered on their wealth management app to assist you and answer any questions you may have about your financial investments.

#3 Something for everyone

One key thing, according to the Kristal.AI team, is understanding that accredited investors and everyday investors are different. So the digital wealth platform they provide allows different types of investors to buy into a wide spectrum of products.

Accredited investors have access to award-winning funds, alternative and impact investments and private equities. So whether it’s owning a piece of your favourite startup, buying into pre-IPO companies or investing in an award-winning star fund, you can get involved.

Everyday investors can select from more than 200 EFTs that are curated by sectors and algorithm-managed portfolios, which are automatically rebalanced to help you get started in financial investments with ease. The result? Everyday investors get a hands-off investing experience while ensuring that their money is working hard for them.

#4 No minimum investment amount

Unlike with many other wealth management apps, you’re not required to hold a minimum amount on the platform. You only put in the minimum investment amount according to what you’re investing in. For example, ETFs and managed portfolios are subject to their current net asset value. This also means that there aren’t any fees for not holding a minimum amount.

#5 Track your investment on the go

You can stay on top of your financial investments with Kristal.AI, at any time and anywhere, using their mobile financial investment app. It gives you access to your portfolio dashboard, market updates and the latest investment opportunities. You can also easily top-up or withdraw funds at any time of the day, subject to the business operating hours of their partner banks and brokers.

#6 Flexibility to choose how you invest

With Kristal.AI, you choose how you invest. You have the flexibility to choose the products to include in your financial investments portfolio – at any time, you can add products or opt out of products that you no longer want to invest in. You have the flexibility to customise your portfolio, or allow your RM and IA to do it for you.

#7 Manage your family’s wealth

Kristal.AI has a Digital Family Office, which understands that family investments have dynamic requirements. For this reason, they’ve set up a Singapore Variable Corporate Company that gives an institutional approach for consolidating and managing family wealth – there’s legacy planning available too.

More about Kristal.AI

The company was founded in 2016, and is headquartered in Singapore with offices in Hong Kong, India and the Middle East. It’s regulated and licensed by the Monetary Authority of Singapore, the Securities and Futures Commission of Hong Kong and the Securities and Exchange Board of India.

There are two types of accounts on its wealth management platform.

Kristal Digital

• The Kristal algorithm allows you to personalise your investment portfolio; just input your investing goals, risk tolerance and time zone to get started.
• You have flexibility to choose your investments.
• Automate your financial investments through a systematic investment plan.
• Rebalance your financial investments anytime and anywhere.

Kristal Private Wealth

• This includes all the tools available with Kristal Digital.
• It also provides access to private market investments, which are usually reserved for ultra-high-net-worth individuals.
• Receive unbiased and timely market insights from your dedicated RM and IA.
• The account optimises your investment performance by administrating your invested assets on their wealth management app. So you get a clearer picture of your wealth.
• Enables you to boost your investment performance with leverage or margin trading. You can also limit your downside exposure through hedges.
• Your RM will regularly provide new investment options or assist you to customise a trade.
• You can opt to have their IA make investment decisions on your behalf.

The platform advisory fee starts from 0.3% per annum, which begins at your first investment. There aren’t any sales charges and some of the financial investments also don’t have lock-in fees. That means you can use more of your money to grow your personal wealth.

Special offer for Expat Living readers!

As mentioned earlier, to help retail and private wealth investors get started on private wealth investing, Kristal.AI is offering a 100% rebate on the advisory fee when you sign up and invest US$10,000. The sign-up period is until 30 September 2021 and the rebate applies in the following month of your investment date until 31 December 2021.

Patricea Chow

Having lived 10 years abroad, Patricea has been rediscovering Singapore through fun events, street photography, and museum tours. She’s also partial to reading, education, spending time with family and kids, and armchair travelling.