Introducing StashAway Reserve: Your genuine wealth partner

06 February 2024
Michele Ferrario
Co-Founder and Chief Executive Officer

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Access wealth advisory services and private market investments all in one place.

Private market investments are only open to Professional Clients (PC). Find out whether you’re eligible to become a PC with us. This article shares some of the author’s personal opinions and experiences, and doesn’t represent financial advice. 

StashAway Reserve, our new wealth creation offering, empowers individuals to access highly personalised wealth advisory, and private investment opportunities. It was first launched in Singapore in early 2022. The response from clients was overwhelmingly positive, with many expressing their satisfaction and enthusiasm at how StashAway further democratises wealth management. We are therefore thrilled to announce the expansion of StashAway Reserve to the UAE. I personally know just how challenging it is to get access to private market investments. But, I deeply believe that private market investments shouldn’t only be for the well-connected and ultra-wealthy. Below, you can find the details: 

Access our Wealth Advisory services

We created StashAway so that everyone can access high-quality investment solutions that are easy to understand and use. While our app offers a seamless digital experience, we understand that investing is a highly personal matter and we recognise the importance of having the option to speak with a real person.  

As a Reserve client, you will be assigned a personal Wealth Advisor who will deliver unbiased and comprehensive financial and investment advice. Our Wealth Advisors will help you with your annual financial planning and bi-annual portfolio reviews (this includes investments made within and outside of StashAway!). Our Wealth Advisors will also be your personal point of contact at StashAway, and available to support you whenever you need.

Through StashAway Reserve and our network, you can access some of the world's leading global players

Private investments refer to investments made in privately held companies or assets that are not publicly traded on stock exchanges. These investments involve the purchase of equity, ownership stakes or debt in businesses that are not available for trading on the open market. Private investments can take various forms, such as private equity, private credit, venture capital, private real estate etc. Private investments offer the opportunity for higher returns compared to public investments. However, private investments also come with higher risks in terms of longer investment horizons, and less liquidity compared to publicly traded securities.

Traditional providers (e.g. private banks) often require significant minimum investment amounts (from USD $250,000 to USD $1 million per fund), posing a challenge for individual investors seeking to diversify their portfolios within private market investments. On top of that, high subscription and annual fees are usually charged. 

With StashAway Reserve, we are working with leading global players to provide our clients with unparalleled access to institutional-grade private investment opportunities. Please note that Private Investment products are only for Professional Clients.

READ MORE: Introducing StashAway Reserve’s Private Investment Offering (for Professional Clients Only)

How can you become a StashAway Reserve client? 

To become a StashAway Reserve client, you have to invest at least $100,000 USD with StashAway. This amount can be in any of StashAway’s portfolios. This will immediately give you access to a dedicated Wealth Advisor. To access private investment opportunities, you need to verify as a Professional Client (PC) with us.

This is a short summary of what Reserve offers today, but stay tuned as we’re continually looking for new opportunities to enhance your investment and wealth management options. If you’re ready to become a Reserve client or would like to chat with us, just get in touch.

* Under the Dubai Financial Services Authority (the "DFSA"), you may be categorised as a Professional Client (“PC”) if you are an individual investor having a ‘net’ assets of at least $1 million; AND currently, or have been, over the last two years, an employee in a relevant professional position of a regulated financial institution; Or, Appear, on reasonable grounds, to have sufficient experience and understanding of relevant financial markets, products or transactions and any associated risks.


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Frequently Asked Questions

StashAway Reserve is a private wealth management offering. With Reserve, clients can choose from a wide range of wealth advisory services and access private investments. 

As an individual investor, you can only qualify as a Professional Client (PC) if you meet the following criteria:

  • Have ‘net’ assets of at least $1 million; 

AND

  • Are currently, or have been, over the last two years, an employee in a relevant professional position of a regulated financial institution;

Or,

  • Appear, on reasonable grounds, to have sufficient experience and understanding of relevant financial markets, products or transactions and any associated risks.

Please note: Due to regulatory requirements, we would need to obtain sufficient evidence on your status as a PC. The asset test excludes the value of your primary residence, but may include the following assets held directly or indirectly:

  • Cash holdings in current or savings accounts and fixed deposits
  • Listed securities such as holdings in stocks, bonds and ETFs
  • Holdings of units in mutual funds
  • Your investment holdings managed by StashAway
  • Investment property or secondary residences, deducting any mortgages or other charges held over the property from the value of the assets
  • 33% of the market value of Recognised Crypto Tokens which include Bitcoin, Ethereum, XRP, Toncoin and Litecoin

How to Apply for Professional Client Status on StashAway (Verified Accounts)

  1. Open your StashAway app. 
  2. Access the menu: In the upper left corner of the app, you'll see three horizontal lines. Tap on this icon to open the main menu.
  3. Select "Professional Clients": Scroll to the bottom of the menu and tap on the "Professional Clients" option.
  4. Answer the questions: Carefully read each question and provide accurate information.
  5. Confirm your application: Acknowledge that you understand the application by checking the appropriate box or following the app's instructions.
  6. Upload your documents: Have digital copies of your investment asset documents ready (e.g., brokerage statements, portfolio summaries). Follow the app's prompts to upload them securely.
  7. Wait for verification: The review process typically takes 1-3 business days. You'll receive an email once your status is confirmed.
  8. Explore private investments: After verification, you'll unlock access to private investment options within your StashAway portfolio.

To become a Reserve client, you have to invest $100,000 USD with StashAway. This amount can be in any of StashAway’s portfolios.

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