UK Robo-advisors

Robo-advisors have seen huge growth in the US and they’re now enjoying the same growth in the UK too! Digital wealth managers can help you to invest your cash on auto-pilot for a very low fee compared with typical wealth managers. They also determine your risk profile, helping you to balance investment risk vs reward. Here we list the biggest and best robo-advisors in the UK market right now for you to consider.

Wealthsimple logo

Wealthsimple

Wealthsimple are a global player in digital wealth management. After seeing huge growth in the US and Canada, they have now opened their platform to UK investors. Wealthsimple have no minimum investment amount, low fees and if you open an account with Wealthsimple* using one of the links on our site, then you’ll also get your first £5000 of investments managed free for the first year, as we’ve secured a special deal for our readers!

With an award winning website and platform, Wealthsimple* could well be the right UK robo-advisor for you. They also offer a Stocks and Shares ISA and Junior ISA, allowing you to benefit from tax-efficient investment.

You can read our full review of Wealthsimple here.

Moneyfarm logo

Moneyfarm

With the introduction of the robo-advisor, investing in the stock market is now easier than ever before. It’s also possible to invest via a robo-advisor while enjoying the tax benefits associated with a Stocks and Shares ISA with the Moneyfarm ISA*!

Moneyfarm* offer low fees, no minimum investment amount and will structure your investments based upon your own risk profile. They will determine this by asking you a series of questions when you set up your Moneyfarm ISA. So, if you would like to put your investments on auto-pilot without paying high fees, then check out Moneyfarm.

You can read our full Moneyfarm Review here.

Nutmeg logo

Nutmeg

Another UK robo-advisor who offer a Stocks and Shares ISA and also a pension product are Nutmeg*. Nutmeg are well-known in the UK and there’s a chance you may even have seen one of their TV adverts.

Again, Nutmeg offer low fees and when you set up your Nutmeg Account* they will ask you some simple questions in order to determine your attitude to risk. This will then help you in selecting a portfolio that is right for you and your goals. Nutmeg also offer you the option of setting up different ‘pots’ within the same ISA account, meaning you can save for different things. So you could save for a deposit on a house and also save for a car within the same ISA wrapper.  This could make easier to track your progress for each of your investment goals.

You can read our full Nutmeg Review here.

Disclaimer: With investment comes risk and you may get back less than you invest.

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