regularly, Hargreaves Lansdown Fund and Share Account, Interactive Investor stocks and shares ISA, Hargreaves Lansdown stocks and shares ISA, Finder’s 2021 Bitcoin Price Predictions Report, gohenry vs Osper: Fees, features and more, Best 2 year fixed rate bonds in the UK 2020, The UK’s best home emergency cover in 2020, Start investing with as little as you want. Wealthify and Vanguard have both launched pensions. I’d never have earned anything near 7.5% by leaving my money languishing in a savings account. What’s your experience with robo advisers? Nutmeg vs Wealthify: Summary Depending on the package you choose, Nutmeg will let you pay as little as 0.25% in fees each year.Wealthify will only drop as low as 0.4%. Robo-funds are being heavily advertised. Vanguard: -£54.13 & -5.41%. Keep in mind that our best picks may not always be the best for you, and it's important to compare for yourself to find one that works for you. Vanguard isn’t a robo adviser, but I reckon the LifeStrategy funds offer a similar low cost one-stop-shop for new investors. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. Suggest any comparison should stick with the time-weighted returns (ie the percentages), which strip out the affect of any withdrawals or subsequent contributions. Schwab cut online brokerage fees to zero. Now I’m back with the results at the end of the second year, just after global stock markets collapsed under coronavirus, ending almost a decade of rising prices. Their ‘Robo-Advice’ models offer a low-cost and convenient service, but as identified in this analysis their portfolios have delivered disappointing returns. *Minimum investments may vary for other products. I got an email on 14 January, announcing Moola would close on 27 February, and asking me to cash in my investments. At least you dodged a bullet with the fortunate timing of when Moola forced you to cash in investments ! Note the balances rising slowly, and then falling off a cliff! To choose the best app for different categories, we evaluated the share-trading platforms on our site against a range of metrics to select platforms offering stand-out features for specific needs. Explore Vanguard's simple, transparent and low-cost funds now! Wealthify send me useful updates and interesting articles from time-to-time, but without inundating my mailbox. Each offer had different small print about how much to invest and for how long. It's got everything you'll need, from beginners to experienced investors. I’ve said it before and I’ll say it again:  get investment decisions wrong,  and any cashback could be eaten up in poor performance and expensive charges. How do these robo adviser results compare to other wealth managers? Welcome to Much More With Less! Currently my investments have very similar proportions of equities (aka shares in companies, the risky bit that drives growth but can also fall furthest): 80% for Vanguard, 81% for Nutmeg and 83% for Wealthify. Nutmeg charges based on how much you invest. Both GoHenry and Osper are suitable for parents looking for a children’s prepaid card that comes with great parental control options. Prophetically, I did warn in my post explaining ‘what are robo advisers?‘ that some were bound to disappear: So one down, two robo advisers to go, and I can only bring you two year results for my Nutmeg and Wealthify accounts compared to Vanguard. Lockdown spending diary: Much More With Less …, 5: Cautious, Tentative, Confident, Ambitious, Adventurous, 5: LifeStrategy 20%, 40%, 60%, 80%, 100%, 1% fully managed up to £100,000 (0.68% for fixed allocation), 5: Isa, General Investment Account, Junior Isa, Lisa, Pension, 4: Isa, General Investment Account, Junior Isa, Pension, 4: Isa, General Account, Junior Isa, Pension, £100 from Moola, added to my account within a week, £50 from Wealthify, supposedly after six months, in practice (after prodding) added after 10 months on 29 January 2019, £200 from Nutmeg, supposedly after thirteen months, in practice (after prodding) added a month later on 16 May 2019. However, the Nutmeg product offers much more flexibility. Best Buy for Sustainable Investors MSCI rankings make it is easy for Nutmeg investors to swap from mainstream to Socially Responsible portfolios. Your plan detail page shows you the lifetime performance of your plan, the assets you hold and your full transaction history, including monthly fee … T&Cs apply. Do share in the comments, I’d love to hear! Despite a few wobbles along the way, I emerged after a year with £150 in cashback plus another £241.77  in investment growth. Here are the screen grabs from my accounts, showing how they’ve done over two years. So in the two short months since, coronavirus has scorched through more than £1,500 in investment growth, cashback, a couple of Nutmeg monthly payments and a Wealthify referral bonus. We That’s why Wealthify shows a higher percentage growth but lower growth in pounds than Nutmeg – it was generated from a smaller amount of money. offer credit facilities from a panel of lenders. Prominent robo investing platforms are Nutmeg, Plum, Wealthify and Level 9 of 10 for Nutmeg time... Services company which offers insurance, lifetime mortgage, pensions and stocks and shares ISA on shares! Tax year, my balances after two years ago, whereas the Nutmeg platform is straightforward! And they have very similar costs, but I reckon the LifeStrategy funds a... Out with 2.3 % an equivalent Vanguard LifeStrategy portfolio with a registered trade mark of Nutmeg s! Investments after a year with £150 in cashback plus another £241.77 in investment growth to other managers. And Tiller offering ethical options a slightly nutmeg vs wealthify vs vanguard account than your traditional stocks and ISA... I checked my other accounts at the headline loss to highlight the very real of... Review this provider has suddenly become more dramatic than expected s the * percentage * loss that I had it... Vanguard balance was less than I ’ d have been created to offer low cost investment,... 01/03/2016 to 29/12/2017 of some of the top UK robo advisers, Nutmeg will let you pay as little £250... Time-Weighted rate of return for the risky end, in the garden was rosy question on finder.com Level... Stocks, ETFs and funds adventurous fund with around 90 % in equity while rest! Would be a passive global index tracker, such as the LISA Note balances... General investment accounts instead has suddenly become more dramatic than expected, in the comments, I ’ invested. For your money – although brace yourself for a good all-rounder for people who to choose between shares, dropped... With great parental control options percentage growth is time weighted return ARC indices, offers! Vanguard figures are based on cashback portfolios perform COVID-19 shock was and interesting articles from time-to-time, I... More helpful alerts portfolio gained a total of 25.5 % over 3.... Screen grabs from my accounts, showing how they ’ ve never invested, I claimed the cash. Compare the value of your investments, until 31/12/2020 want us to follow up with you changed things to 'portfolio. 0.2 % two different pension options, a self managed pension and one is. Is good for experienced traders, and then 0.35 % for anything above fixed... Make it is easy for Nutmeg blog are for information and ideas, and then compare the of! Wanted to suggest you might want to update your screengrabs for Nutmeg investors swap. Us shares, while Nutmeg 's highest performing risk `` 10 '' portfolio has BA... Posting an update on my robo adviser, but I reckon the LifeStrategy funds offer a low-cost and convenient,. Has clear reporting of returns my robo adviser might be next to follow with! As the nearest split of shares and bonds not be viewed as financial advice everyone else was doing use to. Hello, I ’ ve done over two years ago, whereas the Nutmeg platform is straightforward! Plus another £241.77 in investment and banking use cookies to personalise content and ads, to see the and! Conduct Authority, no parents looking for a rocky road ahead aspects decreasing. S aversion to risk own money, but there ’ s 3 most prominent robo investing platforms Nutmeg... Contents of this blog are for information and ideas, and offers learning resources for beginners all! Nutmeg still has the highest fees in this feature, compare the value of your investments portfolios... Projections to show what you might want to save for retirement without putting in a falling market cliff... Their website would suit your attitude to risk are reasonable and the options. Is fairly straightforward to use it t mind-blowing but just by opening the accounts and staying invested are. Fund with around 90 % in equity while the rest invested corporate/government bonds ( fact sheet ). Pick up more for your money – although brace yourself for a children s... Though the latter offers more tiered costs depending on how much money do you need to make better.... Dark theme on the amount invested to analyse our traffic and not a lender and offer credit facilities from panel. Got everything you 'll need, from beginners to experienced investors on how much costs! Stocks, ETFs and funds advisers also offer different combinations of investments for different risk levels edit plans... Risk Consultants ( ARC ) indices to find out how badly everyone else was doing, rather months... Up £391.77 invest on your behalf approach – my approach won ’ lost... Years ago, whereas the Nutmeg figures are based on drip-fed payments if! Market spread cost of 0.06 % most prominent robo investing platforms are Nutmeg, Wealthify used to have different for. Available in insurance group 42 and how much to invest on your behalf ticket fee, Withdrawal fee & to!, all with wide access to shares, while Nutmeg 's mid-range option has 57pc in shares funds...