Six Park has closed. How to transfer broker to Stockspot

Following Six Park’s announcement on 28 August 2023, the company has now closed. If you're looking for an alternative to Six Park, Stockspot can help to manage your investment portfolio.

Stockspot is Australia's largest online investment advisor (robo advisor), founded in 2013. Stockspot manages more than $1 billion on behalf of over 16,000 clients, ranging from first time investors with $1,000 to experienced investors with more than $5 million.

Schedule a call with our friendly team of advisers to understand your options.

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Comparing Six Park to Stockspot

PHILOSOPHY

StockspotBoth Stockspot and Six Park have a long term approach to investing and offer a fee structure which is markedly lower than traditional financial advisers. We share a strong conviction that robo advice is a far better alternative when compared to DIY investing via an online broker.Stockspot provides options to speak with a qualified investment adviser via phone, email, webchat, or by scheduling a video appointment.Stockspot and Six Park both offer sustainable investing options.

Six ParkBoth Stockspot and Six Park have a long term approach to investing and offer a fee structure which is markedly lower than traditional financial advisers. We share a strong conviction that robo advice is a far better alternative when compared to DIY investing via an online broker.Six Park provided options to speak with a qualified investment adviser via phone, email, webchat, or by scheduling a video appointment.Stockspot and Six Park both offer sustainable investing options.

LOW MANAGEMENT FEES

StockspotStockspots fees are considerably lower than industry average and a fraction of the cost of typical advisors or fund managers, starting from just $1 per month for accounts up to $20,000. See Stockspot’s fee tiers here.

Six ParkSix park is no longer trading and therefore has no fees to report.

DISCLOSED ASSETS UNDER MANAGEMENT

StockspotStockspot manages more than $1 billion on behalf of its 16,000 clients. Stockspot's clients range from first time investors with $1,000 to experienced investors with more than $5 million. See our journey.

Six ParkSix Park does not disclose its assets under management or number of clients.

PERFORMANCE

StockspotSee Stockspot's latest portfolio returns here.

Six ParkSix Park is no longer trading and therefore has no performance to report.

FLEXIBILITY FOR LARGER INVESTORS

StockspotFor clients who invest $20,000 or more, Stockspot offers up to three individual ETF choices, called Stockspot Themes. For clients investing more than $200,000, Stockspot offers a dedicated investment adviser and assistance developing a portfolio transition plan if required.

Six ParkSix Park does not offer individual ETF choices or access to a dedicated investment adviser.

AUTOMATIC DAILY INVESTING OF CONTRIBUTIONS

StockspotStockspot invests client contributions on the next ASX market day provided you reach the minimum cash balance of $500 for portfolios under $200,000 and $2,000 for portfolios $200,000 and above. This helps ensure we maintain a small percentage of your investment balance in cash, and all investments are made in 'marketable' denominations under ASX rules.

Six ParkSix Park invested once a quarter. For more frequent investments there was a 'trade on demand' fee of up to $45 for 8 ETFs unless your account met specific requirements.

NO FEES FOR KIDS ACCOUNTS

StockspotKids invest for free with Stockspot with zero management fees for kids accounts up to $10,000 or until they turn 18. As you grow your account balance so too does your kids fee-free limit, see the full fees and pricing tiers here.

Six ParkSix Park waives fees on kids accounts for three months only.

* Information on Six Park is based on available details from their website, blog and Financial Services Guide (FSG) as at 30 June 2025.

Frequently asked questions

How is Stockspot’s investment strategy similar or different to Six Park?
How we are similar:

Six Park and Stockspot have similar investments in Australian shares and Australian bonds. For Australian shares Six Park recommends an ETF which tracks the S&P ASX/200 whereas Stockspot recommends a larger and lower-cost ETF that tracks the broader S&P ASX/300.

We both recommend the same iShares Composite Bond ETF (IAF).

Stockspot and Six Park both offer sustainable investing options.

How we are different:

Six Park holds hedged global ETFs, property and infrastructure and does not own any gold.

Stockspot holds gold as a defensive asset and does not hold hedged global ETFs as we believe they create too much bias towards the Australian dollar. Stockspot doesn’t hold property or infrastructure as standalone investments as there is already sufficient exposure to these assets within Australian and global shares. These differences have contributed to Stockspot outperforming Six Park over five years in all investment categories from conservative to high growth.

How do I transfer my portfolio from Six Park to Stockspot?

The process of transferring your funds will vary based on your individual situation. As part of moving to Stockspot we will need to understand your goals, investment horizon and risk capacity to ensure you’re matched with the right investment strategy. We will also need to perform an online ID check and provide you with a new investment agreement which outlines our advice to you.

We recommend arranging a call with our advisors to discuss the best approach for your situation. Schedule a call with our advisers today.

Can I move my Six Park ETFs to Stockspot via a HIN transfer?
  1. Firstly we recommend speaking with our advice team to discuss the best options for you (sell down or partial HIN transfer)
  2. Speak to an accountant or tax advisor to understand any tax implications
  3. Set-up your account online, step through and get your portfolio recommendation
  4. Deposit funds into your Stockspot account for investment. Or if you are HIN transferring some assets in (after speaking with our advice team), you will need to complete a HIN transfer form and add additional funds to build out your portfolio)

Speak with our advisers anytime

What is the process for setting up an account with Stockspot?

You can click the “Get Started” button and follow the prompted steps to set up an account with Stockspot.

Stockspot's investments (ETFs) differ from those of Six Park. As a result, we are unable to offer a full HIN (Holder Identification Number) transfer of existing Six Park holdings to Stockspot.

Stockspot is not licensed to provide advice on your existing Six Park portfolio, including any tax implications. We encourage you to carefully evaluate your options and, if necessary, seek separate advice from a financial professional before making any decisions to sell your current investments and move to Stockspot.

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The right advice can increase performance by around 3% per year. This extra return comes from:

  1. An investment strategy designed to suit your goals, risk profile, and time frame. Studies show your mix of investments drives 90% of returns.
  2. Optimised rebalancing. This can add up to 1% in additional returns per year.
  3. Behavioural coaching. Education around investing removes costly behavioural biases.
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Meet the team

Founder Chris Brycki started Stockspot to help Australians invest better and achieve financial freedom. As a professional fund manager he saw too many people getting ripped off by bad investment advice and high fees. Chris left his career to build Australia's first personalised online investing platform.

Today, Stockspot has a team of qualified professionals who help guide thousands of clients to build wealth with a proven investment strategy.

Our set of principles guides how we advise clients and invest their money. This is our DNA and what sets us apart from other products and investment managers.

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