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