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nutmeg.com

Founded Year

2012

Stage

Acquired | Acquired

Total Raised

$152.55M

Valuation

$0000 

About Nutmeg

Nutmeg is an investing service regulated by the FSA that offers a straightforward, transparent way of making savings and investments work intelligently towards real-life goals. Its mission is to democratize financial management, offering a "third way" for those who neither want to pick stocks themselves or pay an advisor to invest for them.On June 17, 2021, Nutmeg was acquired by JP Morgan Chase.

Nutmeg Headquarters Location

2nd Floor - Vox Studios 1-45 Durham Street

London, England, SE11 5JH,

United Kingdom

020 3598 1717

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Research containing Nutmeg

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Nutmeg in 4 CB Insights research briefs, most recently on Jul 14, 2022.

Expert Collections containing Nutmeg

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Nutmeg is included in 3 Expert Collections, including Wealth Tech.

W

Wealth Tech

1,864 items

A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

F

Fintech 250

248 items

F

Fintech

4,862 items

Track and capture company information and workflow.

Latest Nutmeg News

Moneyfarm review: Automated investing accounts, pensions, and ISAs for those with at least £500

Aug 18, 2022

ETFs Moneyfarm and Nutmeg are both competitive robo-advisors for hands-off UK investors. Both offer managed ETF portfolios, with access to financial advisors. However, Nutmeg offers a wider range of account types. Both have general investment accounts and pensions, but Nutmeg has three ISA options (e.g., lifetime ISAs, stocks and shares ISAs, and junior ISAs). Moneyfarm's ISA selection only includes stocks and shares ISAs and junior ISAs. In addition, users with higher balances pay less at Nutmeg. For instance, those with more than £100,000 will either pay 0.25% or 0.35%, depending on the portfolio type. You'll need at least £500,000 to pay Moneyfarm's 0.35% annual rate. Moneyfarm vs. Vanguard Personal Advisor Services MoneyFarm Vanguard ETFs and mutual funds Moneyfarm and Vanguard Personal Advisor Services also resemble each other in that both platforms offer automated portfolio management with advisor oversight and guidance. Besides fees, the main difference between the advisors is that Vanguard mainly serves US customers, while Moneyfarm offers its products to UK investors. However, Vanguard Personal Advisor Services is cheaper overall. It has a constant 0.30% fee, but Moneyfarm's fees range from 0.35% to 0.75%. Ways to invest with Moneyfarm Automated portfolio management You can get started with a minimum of £500 at Moneyfarm , but the platform recommends newcomers start with at least £2,500. As for its investment types, it primarily uses ETFs. These funds typically contain a mix of developed markets government bonds , inflation linked bonds, investment grade corporate bonds, developed markets equity, and more. Its ETF expense ratios average 0.20%. You'll run into similar fund fees at other automated platforms like Nutmeg. As for its portfolio types, Moneyfarm offers two: Classic: These portfolios invest in a standard mix of companies that align with your specified goals and risk tolerance. As with Moneyfarm's socially responsible portfolios, advisory fees range from 0.35% to 0.75%. Socially responsible: You can also make a positive impact with your investing, thanks to its socially responsible portfolios . Moneyfarm additionally uses MSCI data to ensure the funds it selects have high environmental, social, and corporate governance (ESG) standards. See more here . Additional services The robo-advisor doesn't stop at automated portfolio management either. In fact, its wealth planning services are in line with those provided by other popular robo-advisors. It offers free access to a team of consultants who provide investment advice, monitor your portfolio, and make changes to your allocation when necessary. Plus, you can access these experts through phone, email, or live chat. You can also use its Advice Centre to keep your advisor informed about any life changes. Fees The amount you pay in fees depends solely on your investment account balance. Moneyfarm has the following tiered fee schedule: Balances under £100,000: 0.70% on investments between £10,000 and £20,000 0.65% on investments between £20,000 and £50,000 0.60% on investments between £50,000 and £100,000 Balances over £100,000: 0.40% on investments between £250,000 and £500,000 0.35% on investments over £500,000 You'll only be able to pay the 0.35% rate if you invest over £500,000. Additional services The robo-advisor doesn't stop at automated portfolio management either. In fact, its wealth planning services are in line with those provided by other popular robo-advisors. It offers free access to a team of consultants who provide investment advice, monitor your portfolio, and make changes to your allocation when necessary. Plus, you can access these experts through phone, email, or live chat. You can also use its Advice Centre to keep your advisor informed about any life changes. Moneyfarm: Is it trustworthy? Moneyfarm doesn't have a profile with the Better Business Bureau since it's a London-based investment platform. However, the robo-advisor's record is clear of any major lawsuits and scandals, and it's authorized and regulated by the Financial Conduct Authority. Moneyfarm — Frequently Asked Questions (FAQ) Is MoneyFarm actively managed? Yes. Moneyfarm builds and manages a personalized ETF portfolio for you. Its account selection includes general investment accounts, private pensions, and ISAs. How do you invest in MoneyFarm? You'll need to first fill out information (e.g., initial investment amount, goals, risk tolerance, and time horizon) regarding your investment preferences. After selecting your account type(s), Moneyfarm creates a customized and self-managing ETF portfolio for you..  You can adjust your investing goals at any time, and the robo-advisor gives each user access to a dedicated investment consultant. How many ISAs can you have? Moneyfarm offers two ISAs: a stocks and shares ISA and a junior ISA. You can open one of both ISA types in the same tax year. Related terms Robo-advisor: Also known as automated investing portfolios, these accounts use computer algorithms and/or expert oversight to build personalized, self-managing portfolios for hands-off investors. ETFs: These funds usually contain a blend of stocks, bonds, and commodities. You can invest in two types of ETFs: index-based ETFs and actively managed ETFs. Mutual funds: Like ETFs, mutual funds consist of multiple investment types, but they're usually overseen by professional money managers. Brokerage account: Offered by investment platforms and broker-dealers, brokerage accounts let you invest in stocks, ETFs, options, and other asset types.

Nutmeg Web Traffic

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Page Views per User (PVPU)
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Nutmeg Rank

  • When was Nutmeg founded?

    Nutmeg was founded in 2012.

  • Where is Nutmeg's headquarters?

    Nutmeg's headquarters is located at 2nd Floor - Vox Studios, London.

  • What is Nutmeg's latest funding round?

    Nutmeg's latest funding round is Acquired.

  • How much did Nutmeg raise?

    Nutmeg raised a total of $152.55M.

  • Who are the investors of Nutmeg?

    Investors of Nutmeg include J.P. Morgan Chase & Co., Crowdcube, Convoy Global Holdings, GS Growth, Fubon Financial Holding and 11 more.

  • Who are Nutmeg's competitors?

    Competitors of Nutmeg include Starling Bank and 6 more.

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