Alternatives to QuietGrowth
QuietGrowth is an Australian robo-advisor that builds diversified ETF portfolios for a $3,000 minimum, with holdings held by a custodian rather than under your own HIN. It suits hands-off investors who want a managed portfolio and no monthly platform fee. Reasons to look elsewhere include wanting CHESS sponsorship in your own name, a lower entry point, direct ASX or US share trading, or a dividend reinvestment plan. We list six alternatives below, each with a different angle on cost, access, or account structure.
CHESS-sponsored managed ETF portfolios from $1,000, so you hold the assets in your own name and get DRP support, for a $1 monthly fee.
- ASX brokerage minimum
- $0
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- chess
Start from any amount with round-up micro-investing, and it is one of the few options here with a kids account.
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- custodian(QuietGrowth: chess)
- Auto-invest / DCA
- Yes
CHESS-sponsored robo-advice with auto-invest and SMSF support, better suited if you have $10,000 or more to invest.
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- chess
- Auto-invest / DCA
- Yes
Custodian-held ASX ETF investing with auto-invest and SMSF support, but a $20,000 minimum and a $7 monthly fee.
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- custodian(QuietGrowth: chess)
- Auto-invest / DCA
- Yes
Zero brokerage on US fractional shares with a $3 monthly fee, a different asset mix if you want overseas exposure rather than ASX ETFs.
- ASX brokerage minimum
- $0
- ASX ETFs supported
- No(QuietGrowth: Yes)
- CHESS sponsorship model
- custodian(QuietGrowth: chess)
CHESS-sponsored ASX trading from $1 and zero-commission US shares, for investors who want to pick individual stocks instead of a managed portfolio.
- ASX brokerage minimum
- $1
- ASX ETFs supported
- Yes
- CHESS sponsorship model
- chess
Common questions
Is QuietGrowth CHESS-sponsored?
No. QuietGrowth holds your investments through a custodian, so the assets are not registered under your own HIN. Some investors prefer CHESS sponsorship because it puts the holdings in your name directly. If that matters to you, look for a provider that offers CHESS-sponsored accounts.
What is the minimum to invest with QuietGrowth?
QuietGrowth starts at $3,000. Several alternatives have lower entry points, including some that let you begin with any amount or from $1,000. If you are starting small, compare minimums alongside fees before you commit.
Does QuietGrowth charge a monthly fee?
QuietGrowth charges no monthly platform fee, though it does apply a management fee on your balance. Some alternatives charge a flat monthly fee instead. Work out which structure costs less based on the amount you plan to invest.
Can I trade individual shares with a robo-advisor?
Most robo-advisors only offer managed ETF portfolios, so you cannot buy individual ASX or US shares. If you want to pick your own stocks, you will need a share trading account rather than a managed portfolio service. Some platforms offer both.