International financial advisory firm Dunhill Financial has rolled out a robo-adviser for affluent American expats.
DF Direct is currently only accepting people that hold a US address, but the firm told International Adviser this is only for the Alpha release, as foreign addresses will be accepted within the next few months.
The tool will not require a minimum investment and they can contribute to their portfolios either monthly or with a $20,000 (£14,500, €17,000) lump sum, with fees based on account balance of 0.5% a year.
There are also other features Dunhill intends to add to the services in the near future and they include:
- Support for multiple European countries;
- Deposits in euros and pounds;
- Currency toggle to view investments in the client’s native currency; and,
- Financial planning tools.
