OpenMoney is a robo-adviser that also offers access to real advice. It aims to guide inexperienced investors through financial services and provides a low-cost investment solution on top. Advisers provide a free assessment of an investor’s finances and can recommend the best suited OpenMoney products and portfolios.
Investors can open ISAs, pensions and general investment accounts and there are three ready-made investment portfolios to choose from. The portfolios consist of trackers and are the same as the ones on the eVestor robo. Total fees are a maximum of 0.52% — some of the lowest charges in the market.