All you need to do is decide how much you want to invest, choose your investment style, and select the 'Ethical' option. It’s all fine until shares start outperforming bonds, and your initial split could move to 80/20 in favour of shares as their value increases relative to bonds. If you have any queries or concerns about the risks involved with investing it is best to seek advice from a financial advisor. In a nutshell: Swapping or changing one of the funds that makes up your Plan. We don’t offer cash ISAs, Innovative Finance ISAs or Lifetime ISAs. This is more cost-effective than having highly-paid fund managers do it and we pass those savings onto you. In a nutshell: Maintenance on your Plan to make sure it matches your chosen risk level. It is of course impossible to predict the future, so the projections should only be taken as a guide, not a guarantee. 11/05/2018 . What’s more, you can choose an ethical investment plan if that matches your values. Investing ethically has never been easier! To provide you with a sense of what you might expect from Wealthify’s risk-based investment styles, we do provide you with a prediction of performance when creating your Plan. Wealthify is offering a Self-Invested Personal Pension, or SIPP, which is a pension you personally set up and contribute to. Moody’s Analytics is an independent data provider, who assist in predicting what your Plan values could be in different market conditions over the period of time you plan to invest. By doing this we can make timely and necessary adjustments to your Plan to keep everything on track and maximise your potential returns. This information will help Wealthify match you to an investment style – cautious, tentative, confident, ambitious or adventurous. Take a look at our ISA page for more information. The value of your portfolio can go down as well as up and you could get back less than you put in. For instance, if a region is underperforming and on reflection seems likely to or has significantly outperformed, our Investment Team may decide to sell holdings from that particular part of the world. As an investor, it’s important to understand that stock markets have good periods and bad periods and that you shouldn’t panic at first sight of a bad period. Available online or via app, customers simply choose how much they want to invest and their preferred investment style, including ethical options. For more information visit https://www.fscs.org.uk/. In other words, it only tells you how much you’ve gained or lost from your investments, not what you’ve put in or taken out yourself. Our weekly homework assignments required us to stop and give great thought to our present situation as well as our hopes and dreams. The tax treatment of your investment will depend on your individual circumstances and may change in the future. Our experts use a range of passive investment funds, like Mutual Funds and ETFs to build your plan. In a nutshell: Changing the percentage amount for different types of investments in your Plan. As with all investing, your money is at risk. Our straightforward process makes it easier to get started or transfer your pensions to Wealthify, giving you a much clearer view of your future. Yes, if you are a UK resident (England, Wales, Scotland or Northern Ireland) you can use all, or part of your annual, savings allowance of £20,000 (current tax year) to invest in a Stocks and Shares ISA with Wealthify. So, to correct this drift, we rebalance your Plan every three months - if you want to know more about rebalancing, make sure you check out our blog about it: https://www.wealthify.com/blog/why-we-rebalance-and-how-it-works. It is fairly cautious with around 56% of the assets in low-risk investments such as cash and bonds while 40.23% is invested in equities. It’s important to remember that benchmarks and predictions are never perfect and past performance is not an indicator of future growth. Like all stocks and shares you are taking a risk, this investment has ridden the recent crashes. You only need to tell us your investment style and how much you want to invest, and we do everything else. You should seek financial advice if you are unsure about investing. We typically invest your money within two working days of receiving it. Both Wealthsimple and Wealthify allow you to invest in a range of products. Plus, an instant 25% tax relief top up. Moody’s Analytics is an independent data provider, who assist in predicting what your Plan values could be in different market conditions over the period of time you plan to invest. The custodian of our Pension products is Embark Pensions, who are part of the Embark Group – the UK’s fastest-growing digital retirement platform. Wealthify then builds and manages an investment plan on their behalf. These let your money track an index like the FTSE 100, which is composed of the 100 largest companies listed on the London Stock Exchange. The pool of funds will also change from time to time. This method shows the actual performance of your plan, including the effects of when you added or withdrew money from your plan. You’ll only pay us a simple management fee of 0.6% per annum. Wealthify, which was launched in Cardiff in 2016, offers investors access to one of five low-cost investment plans through Isas and general investment accounts for just £1. We continue to work hard with your money and to deliver the simple investing approach that we have always set out to do. The value of your portfolio can go down as well as up and you could get back less than you put in. They are improving many aspects like decreasing time for funds to arrive and showing more helpful alerts. Wealthify vs Moneybox: Costs. The mix of funds will change over time and depends on your attitude ... To provide you with a sense of what you might expect from Wealthify’s risk-based investment styles, we do provide you with a prediction of performance when creating your Plan. Instead of putting all your eggs in one basket and relying on one particular company to perform well, you spread your money across all of them, so that you benefit from their collective strength. Passive investing is generally accepted as a more effective long-term strategy than the alternative, active investing, where fund managers try to pick the stocks they think will do best. Our investment team have pre-selected a range of passive funds, and programmed our automated investment system with algorithms (mathematical formulas) that build your Plan based on what you tell us your goals are. If our experts find better funds because either due to lower costs for the same product or by finding funds that are more aligned with our values for our Ethical Plans, for example, then they will adjust the funds held in your Plan. Track your investments' performance on Wealthify's investment dashboard - online or in app - and see where your money is invested. We'll do the rest, from picking the right investments to managing your Ethical Plan on an ongoing basis Anything over £500,000 costs the same, but you get a dedicated investment advisor with ongoing portfolio monitoring. Markets have ups and downs and over time, if left unchecked and unchanged, your Plan may begin to look a bit different from what you signed up for. With investing your capital is at risk and you could get back less than you put in. Say, you’re a Confident investor with a medium-risk Plan where there’s a 50/50 split between shares and bonds. You can access and withdraw your money 24/7, although it’s worth remembering that making regular withdrawals will affect how quickly you reach the investment goals you set when you created your plan. Share. The recent platform changes by Wealthify which allow users to quickly and easily change investment style and also park cash are hugely helpful features! With your Wealthify Plan, you hold a mix of investments, or assets. Overall Wealthify offers newcomers and experienced investors a way to invest without having to worry about what you’ll invest into. It has changed our focus from life, to the … It’s a low risk asset, so the return on cash is typically low, but it’s a good way to help protect investors from losses if there’s an indication that markets might lose value. Our Investment team spends countless hours screening funds based on their holdings, checking whether they’re suitable for our Plans, assessing the offering, engaging with fund managers, and reviewing the funds we’re already using. Team Wealthify. Digby 5 reviews. Wealthify investment manager Andrew Amy has quit the Welsh robo-adviser to focus full-time on a horse-trading app he has launched. Wealthify Limited is authorised and regulated by the Financial Conduct Authority (, https://www.wealthify.com/blog/why-we-rebalance-and-how-it-works. As with all investing, your money is at risk. The platform does not engage in active trading, nor can you buy and sell shares through Wealthify. It is important to remember that with investing, returns are not guaranteed. Here’s an explanation about Time Weighted Rate of Return. Find out more about what’s in each of these Plans by downloading the Plan Factsheets below. The value of your portfolio can go down as well as up and you could get back less than you put in. Whatever you decide, you can rest assured that there’s no additional charge for creating more than one Plan. Launched in April 2016, Wealthify provides a simple approach to investing. Wealthify is a popular UK Robo-advisor investment platform who invest in a range of ETF’s in a semi-managed way. However, it may take a couple of extra days for the investments to show on your dashboard, due to the investing process. There is no master fund into which your money is invested, as you’ll find with some services. Wealthify is a robo advisor platform that automatically invests your money on your behalf. The mix of funds and investments in your Plan will depend on your attitude to risk. As our experts are constantly monitoring the markets, we’ll make changes to your Plan, when needed and considering your risk level to ensure your money is still working as hard as you do.. Fund charges and transaction costs also apply – find full details on our, an explanation about Time Weighted Rate of Return. Essentially, Wealthify will invest your money in a set of ETFs and then leave it alone. Our Nutmeg investment review found that Nutmeg’s UK robo advisers come with two separate investment styles and pricing scales. Reply. The Dow S&P Indices show that as few as 14% of active fund managers actually manage to beat the market each year, when looked at over a long time period. Wealthify will help build a plan based on which investment style suits you, from cautious to adventurous. It charges 0.7% on investments up to £15,000, 0.6% on investments between £15,001 and £50,000, 0.5% on investments between £50,001 and £100,000 and 0.4% on investments over £100,000. Higher-risk Plans will include more shares. The platform uses a style of investing known as passive investing. Why invest in one company, when you can invest in them all? To provide you with a sense of what you might expect from Wealthify’s risk-based investment styles, we do provide you with a prediction of performance when creating your Plan. These summary points are for your reference only and you should read all the documents before you proceed. The opposite is also true for why we may choose to increase a region’s allocation in your Plan. Five investing styles for Junior ISA, ISAs, SIPP and GIAs, letting you choose a level of risk you're happy with. Wealthify offers an easier approach. You can even choose different investment styles for each Plan. Yes, you can build as many Plans as you like. Fund charges and transaction costs also apply – find full details on our fees page. It’s a cheap, cost-effective style that is also a gateway for newcomers to get into investing and learn what it’s all about. Easy access Your money’s not locked away – withdraw your cash without any penalty. The Indices are based on real performance numbers from hundreds of other Plans. All your investments in our ISAs and General Investment Account products are held with our custodian bank, Winterflood Securities, a global financial services provider and part of Close Brothers Group, who have been trading for more than 130 years. And you can put your money into both Original and Ethical plans as you see fit. Wealthify aims to ‘keep these as low as possible, around 0.22% for original plans and 0.66% for ethical plans’, which takes the total yearly cost to 0.82% or 1.26% on average. We use ARC Private Client Indices as the benchmarks for the majority of our Plans, rather than an index such as the FTSE 100, because we feel it more closely matches the type of diversified investment plans that Wealthify offers. I’ve set up a Direct debit to invest regularly and looking forward to the results! There is risk associated with investing and you could get back less than you initially invest. Traditional investing services can be associated with high costs and hidden charges, but at Wealthify we make the cost of investing clear and affordable. The Wealthify investment approach Needless to say, the last nine months were eventful, and we hope that you have managed to stay safe during these turbulent times. Capital is just another way of saying 'the money you invest'. Yes, if you are a UK resident (England, Wales, Scotland or Northern Ireland) you can use all, or part of your annual tax-efficient savings allowance of £20,000 (current tax year) to invest in a Stocks and Shares ISA with Wealthify. Both offer socially responsible and environmentally focused investment options – Wealthsimple call it socially responsible investing. Simple transfer We’ll help you move your money from an existing Child Trust Fund or JISA into a Wealthify JISA. You can even choose different investment styles for each Plan. Cash is a type of investment (or asset) itself. You should be able to set up a ISA or general investing account in 10 minutes or so via their website. For any changes we make to your Plan, we will always let you know via email, and if you have any questions, please feel free to contact us on 0800 802 1800 or via Live Chat. These changes could be to the regions you’re invested in, the investment types you hold, or both. We charge a simple annual fee of 0.6% for managing your investments. As with most investments, small additional costs can be incurred through the investing process and vary from time to time. We calculate your returns using the ‘Time-Weighted Rate of Return’ (TWRR) method, which is widely used within the investment management industry. They’ll help you choose an investment style that suits you best, and then put your money to work. An investment fund is a bundle of lots of individual assets, like stocks, bonds or property, which you buy all in one go, making funds a cost-effective way to invest. This is the most transparent way to show you your actual return (i.e. Wealthify Customer Agreement . You can see from the screenshot that I went for a 'confident' investment style, or in other words Wealthify's medium risk portfolio. Our aim is to add value to your Plan by dynamically managing it rather than having a fixed allocation with no adjustments made for changing market conditions. Simply choose the investment style that suits you best, from cautious to adventurous. Our investment team have pre-selected a range of. The tax treatment of your investment will depend on your individual circumstances and may change in the future. We publish our benchmarks in the valuations we send to all customers, to give you something to compare the performance of your plan against. Share. You've already flagged this Reply from Wealthify. The tax treatment of your investment will depend on your individual circumstances and may change in the future. You should seek financial advice if you are unsure about investing. It is separate to a workplace pension or the state government-funded pension. Low risk Plans will contain a higher percentage of low-risk investments like bonds. The combination of funds we use depends on which investment style you choose and how we decide to balance your plan. On request, we can show you your return calculated by another method, called the ‘Internal Rate of Return (IRR)’. Now let us explain why we rebalance. We’re using active (rather than passive) ethical funds in our plans, so-called because they are ‘actively’ managed to ensure that the investments within maintain the high ethical standards required. Covid-19 and the consequent lockdowns have had serious repercussions on the economy and global stock markets. , and programmed our automated investment system with algorithms (mathematical formulas) that build your Plan based on what you tell us your goals are. 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