The Banking Royal Commission has exposed serious problems in Australia's wealth management industry and left many people uneasy about who is managing their investments. Six Park is a transparent, low-cost investment service with a world-class Investment Advisory Committee that oversees the management of your portfolio, which includes Australian and global shares, cash, bonds, property and more, for one low fee. There's a better way to invest - and you've found it.
Over the past year, the Banking Royal Commission has revealed serious problems in the wealth management industry, including conflicts of interest, high fees, fees for no service, and a lack of transparency. Online investment management (often known as "robo-advice") was born in the United States after the Global Financial Crisis to address similar problems and now manage hundreds of billions of assets overseas.
It's no coincidence that awareness and trust of robo-advice in Australia is now gaining serious momentum. When Six Park CEO Pat Garrett and former JP Morgan Australia chairman Brian Watson AO founded the company in 2014, it was with the explicit aim of addressing a serious problem for Australian investors - namely, that it was difficult, confusing and expensive to get professional investment advice and ongoing management.
Six Park's sole financial incentive is to delight and retain our customers as they are our only source of income. We have one simple, transparent fee that includes rebalancing and trading costs, and we do not pay or accept commissions. If you'd like to talk more about how Six Park is helping to solve serious problems in the industry, you can book a personal phone consultation by clicking here.
Brian is Six Park's co-founder and the Chairman of the Investment Advisory Committee. Brian was a founding Member of the Board of Guardians of the Australian Government Future Fund. He is a former Deputy Chairman of the Australian Government's Innovation Australia Board.
Paul joined the Six Park Investment Advisory Committee in early 2016. He is the founding general manager of the Australian Government’s Future Fund and was the first CEO of the New Zealand Future Fund.
Lindsay Tanner is a former member of the Australian Government as Minister for Finance from 2007 to 2010, and a former member of the House of Representatives for Melbourne from 1993 to 2010.
Fees based on total average account balance, charged monthly and include GST.See fee example
No trade fees
Six Park does not charge you
additional transaction fees to
buy and sell securities
No rebalancing fees
Six Park automates and
regularly rebalances your
portfolio for free
No transfer fees
There are no fees for deposits
or withdrawals from your Six
Six Park is always transparent about fees because we hate fine print and we know you do too. Our management fees start from $50 a year for a $10,000 account - that's it. You also get ongoing insights from our expert team about what's going on in the world that might affect your investment.
We're proud of our performance. While there are never guarantees in investing, Six Park uses proven principles to give your investments the best opportunity to grow in a way that reflects how you feel about risk. Six Park's portfolios returned up to 14.6% over the 12 months to the end of August 2018.