VouchedFor company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

vouchedfor.co.uk

Stage

Series A | Alive

Total Raised

$5.63M

Last Raised

$5.4M | 7 yrs ago

About VouchedFor

VouchedFor is a financial advice marketplace and review site. The company verifies the identity of every reviewer, normally with the IFA, or where necessary by contacting the reviewer, and checks these financial advisers are regulated by the Financial Services Authority, which is the UK regulator for Investments, Pensions, Mortgages and Insurance.

VouchedFor Headquarter Location

8 Waldegrave Road Teddington

Middlesex, TW11 8HT,

United Kingdom

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing VouchedFor

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

VouchedFor is included in 1 Expert Collection, including Fintech.

F

Fintech

4,770 items

Track and capture company information and workflow.

Latest VouchedFor News

The truth about independent financial advisers - Jenny Ross

Feb 12, 2022

A good independent financial adviser (IFA) can take the stress out of life’s more complicated financial decisions and set you up for the future. Saturday, 12th February 2022, 6:00 am But if you haven’t sought advice before, a lack of transparency can make it difficult to get started. I’ll talk you through the truth about IFAs – the costs, the value they offer and how to get the best advice for your money. First a brief definition: an independent financial adviser is one that looks at the whole of the market when deciding which product(s) best suit your needs. Sign up to our Business newsletter Sign up to our Business newsletter Sign up now Submitting... This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Restricted advisers on the other hand can only recommend certain products or providers. All advisers must be approved by the Financial Conduct Authority and meet the same requirements to make sure they’re providing suitable advice. If you haven’t sought advice before, a lack of transparency can make it difficult to get started. Picture: Adobe Stock Advisers aren’t required to display costs on their websites, and most won’t give an indication of costs until they’ve met you, to ensure their quote is accurate based on your financial situation. But this can encourage people to go with the first IFA they meet. Only 12 per cent of people who have taken advice told us they got more than one quote before choosing an adviser. We recommend getting three. When looking for an IFA, a comparison site is the best place to start. Unbiased and VouchedFor are the biggest. Use their filters to narrow down a shortlist based on areas of expertise and customer reviews, then set up meetings with at least three. If you don’t need to meet your adviser in person, looking beyond your local area could save you money. For instance, VouchedFor data reveals average financial planning costs in South East England to be higher than in the North. Once you’ve met IFAs, you’re better placed to compare costs – including those that aren’t immediately visible. Among these are fund charges, platform charges and exit fees. Based on the ongoing charges figure (OCF) – the standard way to compare fund costs – the typical annual cost for an actively managed fund ranges between 0.75 per cent to 1.25 per cent, tracker funds from 0.25 per cent to 0.85 per cent and investment trusts from 0.8 per cent to 1.8 per cent, according to the Money Advice Service . Ask IFAs to disclose all fees upfront and, if they favour more expensive funds, to explain why. On top of fund fees you may find discretionary fund management charges. Some advisers outsource their investment decisions to a discretionary fund manager, who’ll build and manage a bespoke portfolio for you. However, this service adds an extra layer of costs compared with IFAs who offer in-house portfolios, so ask yourself whether you need it. Many people have found themselves priced out of financial advice. According to the FCA, the average advised customer has more than £150,000 of assets. You can use VouchedFor or Unbiased to filter advisers according to your investment pot size. If you can’t afford the remaining options, you could pay an IFA a fixed fee to get one-off advice, rather than pay for an ongoing service. You can also turn to the likes of MoneyHelper, Citizens Advice Bureau and Pension Wise (for the over-50s) for free and impartial financial guidance to help you narrow down your choices. Which? Money subscribers have another option: to call the Which? Money Helpline. With more than 100 years of experience in financial services between them, our team of experts can provide information on a range of personal finance topics, including investment options but also insurance, care costs, tax, savings and seeking reimbursement after a scam.

VouchedFor Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

VouchedFor Rank

  • Where is VouchedFor's headquarters?

    VouchedFor's headquarters is located at 8 Waldegrave Road, Middlesex.

  • What is VouchedFor's latest funding round?

    VouchedFor's latest funding round is Series A.

  • How much did VouchedFor raise?

    VouchedFor raised a total of $5.63M.

  • Who are the investors of VouchedFor?

    Investors of VouchedFor include DN Capital, Octopus Investments, Samos Investments, Matt Denman, Doug Monro and 4 more.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.