Wealthsimple, one of the largest robo-advisers in Canada, is a relatively new entrant to the UK market. Following a risk assessment questionnaire, a portfolio is custom-built for you and tailored to your investment objectives. Wealthsimple is a discretionary manager, but also offers advice as a basic account feature.
With Wealthsimple the more you invest, the more benefits you get. These benefits scale up with the amount invested through their different Basic, Black and Generation plans. Within each plan you can invest into ISAs, JISAs, SIPPs and General Investment accounts. Mobile apps are available to keep you up to date on the go.
WealthSimple’s Socially Responsible offering has a minimum investment of £5,000 and charges higher fund charges of between 0.22% and 0.32%.Visit The Website
Available products & Wrappers
|General Investments||ISAs||JISAs||Pensions & SIPPs||Junior SIPP||Lifetime ISAs||Others|
Table of charges
|PLATFORM CHARGES||PRODUCT CHARGES||OTHER CHARGES|
|Ave underlying fund charge||0.22-0.32%|
Compare the Platform Says
|Products & Wrappers||Research & Guidance||Charges||OVERALL SERVICE|
|A clean, easily-navigated, well designed robo. Could be cheaper. Ethical.|