Financial Adviser

QuietGrowth is a financial adviser providing its service online using algorithms and interactive interfaces. Some of the popular terms that are commonly used to describe its service are:

  • robo advice
  • digital advice
  • automated investment management
  • online investment adviser
  • digital investment advisor
  • digital financial adviser
  • digital wealth manager
  • algorithm-driven investment management.

Robo advice for wealth management is an innovation for the needs of the clients. In Australia, robo advice encompasses the activity of investing through an SMSF too.

General financial advice, personal financial advice and investment advice

We provide general financial advice, as well as personal financial advice limited to our Managed Discretionary Account (MDA) service.

The financial information we provide on our website and other mediums by not considering your personal circumstances is the 'general financial advice'.

The financial information that we provide by taking into consideration your personal circumstances is the personal financial advice. The personal financial advice that we provide is through our Managed Discretional Account (MDA) service.

We provide both financial advice and investment advice. Investment advice generally means personal financial advice about investment topics.

Also read the answers to the related questions:

No conflicted remuneration

QuietGrowth is independent of the ETF product issuers whose products we include in our portfolios, because:

  • We do not earn commissions or remuneration from ETF product issuers.
  • We do not receive gifts or benefits from product issuers who may reasonably be expected to influence us.
  • None of the product issuing firms is a shareholder in our company.

These practices ensure that conflicted remuneration does not exist between QuietGrowth and ETF product issuers.


Everyone can access the Financial Services Guide (FSG), Privacy Policy and Advice Disclaimer on our website.

As a part of your onboarding process, before we create your QuietGrowth account, we will provide you with a digital copy of the 'Statement of Advice and MDA Contract'.

The 'Statement of Advice and MDA Contract' includes:

  • Statement of Advice (SOA);
  • Investment Program;
  • Client Agreement;
  • Link to Product Disclosure Statement (PDS), if any, of each investment product such as an ETF that forms part of the client's QuietGrowth Model Portfolios;
  • Links to the Target Market Distribution (TMD) of the QuietGrowth Model Portfolios advised to you or you wish to opt for; and
  • MDA Application.

Also read the answers to the related questions:


Statement of Advice that is modified

A new Statement of Advice will be issued to you when you modify your Personal Circumstances. You can modify your Personal Circumstances at most once a month. We do not charge a fee for the generation of a new Statement of Advice for you.

Annual Investor Statement

After the end of each Financial Year, an independent auditing of our investment management activity for that financial year will be conducted. As soon as this exercise is completed, the Annual Investor Statement (AIS), which has details of your account activities, and the Independent Auditor’s Report will be available to you. This is as per regulations.

Fee Disclosure Statement

We provide you with the Fee Disclosure Statement (FDS) when you complete the Annual Review of your MDA Investment Program.

Refer to our Financial Services Guide for detailed information.