But back in December 2019, they changed things to a standard flat 0.6% fee across all account types. I would also consider investing in a couple of other Vanguard funds as well at their LifeStrategy. Earlier this year, Nutmeg cut its minimum investment from £1,000 to £500. Does that mean the death of Moneybox vs Nutmeg vs Wealthify due to their fees? Some platforms offer room for more customisation. The first step involves clients completing a questionnaire, which establishes their investment objectives. New Nutmeg customers: £110 via Quidco or £105 via TopCashback. Now – … Invest from as little as £250 with the Wealthify Investment ISA. Moneybox vs. Wealthify Minimum investment. It takes between 0.3% and 0.95% of your portfolio, depending on its size. Schwab cut online brokerage fees to zero. And of course, Fidelity just followed suit. Nutmeg doesn’t charge any flat fees. I am tempted by the Vanguard LifeStrategy 80 due to the low fees and strong reputation, but I have also been looking with interest at Nutmeg, Wealthify, IG and AJ Bell Youinvest. Nutmeg and Wealthify offer a low-cost semi-automated approach to investing. So, although it’s beginner-friendly, Nutmeg is more suitable if you’ve got enough money to have a serious go at investing. Selin Bucak, who has invested money with five robo advisers, Nutmeg, Moola, Wealthify, Moneyfarm and Wealthsimple, has decided to review the companies from … When you compare the Nutmeg's managed portfolio to the other two robo-advisors (Wealthify and Moneyfarm both do a certain amount of managing) it gets a bit muddled, but Moneyfarm is the winner. At low account balances (<£100k) this is lower than a lot of other UK robo-advising firms like Nutmeg and Moneyfarm. Nutmeg also invests via ETFs in equities, corporate and Government bonds and cash. They're far simpler than normal investing but you're tied to a 'portfolio' of funds. New Wealthify customers: £80 cashback via TopCashback, £50 cashback via Quidco and only £25 each via my referral link. I would like to open an investment ISA for growth for at least 10 years. We think this is somewhat restrictive. Wealthsimple | Wealthify | Fidelity | Charles Stanley | Nutmeg and more Compare this to the losses of Nutmeg’s riskiest portfolio and you’d have been better off with Wealthify. For example, Wealthify's mid-range "Confident" portfolio has 35pc in shares, while Nutmeg's mid-range option has 57pc in shares. 2019 Report: Compare charges and performance of online investment platforms and robo advisors. Then Wealthify and Nutmeg match that profile to investment strategies that use algorithmic trading models to enter into trades in the market. However, sometimes these robo-funds offer cashback via a special link when you invest, which'll get you a head start over other funds. The fee war has always existed but has been sped up by Robinhood in a crypto environment which launched as a zero-fee platform for all cryptocurrencies. Robo-funds are being heavily advertised. Up until 2019, Wealthify used to have different rates for accounts with different deposit amounts. Wealthify and Nutmeg are slightly different in having five investment settings, again graded by risk appetite; Nutmeg's fully-managed option has ten portfolios available. That’s a better deal than using my referral link, where I get £100 but you only get 6 months without Nutmeg fees. A final challenge is this: …