Wealthsimple Account Overview
Wealthsimple combines the best of technology and human expertise to build diversified investment portfolios aimed at helping people reach their financial goals, whether they're long-time investors or starting out for the first time. In less than three years, more than 40,000 clients have trusted Wealthsimple with their savings, with the company currently managing over £750 million assets globally.
Wealthsimple stands out from the crowd with exceptional product design and engaging creative content that aims to humanise the world of money and investing. Wealthsimple's Magazine unpacks difficult financial decisions, uses unique subcultures to help people understand the way economies work, and talks to interesting people (like Elijah Wood) about their life-long relationship with money. With a commitment to product innovation, Wealthsimple's website has won the prestigious Webby Award for Best Financial Services/Banking website two years in a row.
Clients are able to open ISAs (Individual Savings Account), JISAs (for children) and personal accounts. There is no minimum to open an account with Wealthsimple and all clients are set up with sophisticated investment portfolios, tailored to clients' financial goals, and have the option to speak with an accredited investment adviser. Wealthsimple's premium service, Wealthsimple Black, is available to UK residents who invest over £100,000 with the platform. The programme provides lower management fees (0.5%), personalised investment advice and travel perks.
Wealthsimple Junior ISA
The Wealthsimple JISA is designed as a long term investment for your children. The JISA lets investment gains and income grow without having to pay anything away to the tax man. If you are the parent or legal guardian of a child, you can open a JISA for them, from birth. Or if you are sixteen, you can set one up for yourself. For the 2017/18 tax year the limit is £4,128.
OFF3R users get the first £5,000 they invest with us managed for free for a year.
Anyone who invests over £100,000 qualifies for Wealthsimple Black. You'll pay lower fees, get an investment planning session, and enjoy VIP airline lounge access.
|Fully Managed Portfolio ||Up to £99,999|
|Annual Management Fee||0.70%||0.50%|