How do the robo-advisors compare?

We take a look at some of the most well-known robo-advisors and see how they compare!

Nutmeg

Founded: 2011

Accounts: GIA, ISA, SIPP, JISA

Ethical portfolio: Yes

Minimum investment: £100 for LISA, £500 for GIA, ISA, SIPP

Fees: 0.45%-0.75% up to £100,000 (+ Fund fees usually around 0.17% to 0.32%)

Cost per £5,000 portfolio per year: £22.50 - £37.50 (+ £8.50 to £16 in fund fees)

Moneyfarm

Founded: 2011

Accounts: GIA, ISA, SIPP

Ethical portfolio: No

Minimum investment: £1,500

Fees: 0.75% up to £10,000 (+ Fund fees usually around 0.2%)

Cost per £5,000 portfolio per year: £37.50 (+ £10 fund fees)

Tickr

Founded: 2017

Accounts: ISA, GIA

Ethical portfolio: Yes

Minimum investment: £5

Fees: £1/month membership fee (over £3,000 0.30%)

Cost per £5,000 portfolio per year: £17

Wealthify

(Now owned by Aviva)

Founded: 2014

Accounts: GIA, ISA, SIPP, JISA

Ethical portfolio: Yes

Minimum investment: £1

Fees: 0.6% (+ 0.22% fund fees, 0.66% if ethical portfolio)

Cost per £5,000 portfolio per year: £30 ( + £10, ethical: £33)

Wealthsimple

Founded: 2014

Accounts: GIA, ISA, SIPP, JISA

Ethical portfolio: No

Minimum investment: £1

Fees: 0.7% (up to £100,000) (+ 0.2% fund fees)

Cost per £5,000 portfolio per year: £35 (+ £10 fund fees)

This is not investment advice, we are not certified financial advisers! The information on Best Intentions is provided for educational purposes only.