The appeal of digital investments
Nutmeg offers investors a stress- freeway to manage their money with its easy-to-use smartphone app wealth team, who are fully qualified
to provide financial guidance and advice. The new service provides tailored guidance for those that need to speak to a human and can include one-to one sessions via the phone or video calls to help people engage more with financial guidance and advice.
For Nutmeg, this means it’s offering the are managed in a variety of styles, including socially responsible investing. They also benefit from a diversified investment portfolio managed on their behalf that can contain a wide variety of asset classes, geographies, and global indices. Such diversification can help investors spread their risk – rather than relying on a handful of company shares or only having exposure to the UK stock market.
WEALTH CONSULTANTS
Of course, not everyone’s needs are the same. Nutmeg recognises that some people – particularly those with significant levels of wealth – have slightly more complex financial requirements. It’s why it created the Investing has finally joined the digital age. Gone are the days when you relied on stockbrokers to buy shares, asset managers to invest in funds, and advisers to set up pensions. Digital wealth management means you no longer have to waste time managing such products over the phone and dealing with hidden charges and opaque fees
This new breed of investment solutions uses digital tools to take the stress out of managing your money. Everything is run via a smartphone app or easy-to-use website. Nutmeg is no stranger to this exciting new world. Over the past decade it has established itself as a leading digital challenger in the competitive UK wealth management market. Its dynamic approach makes it appealing to people of all ages who want to invest rather than seeing low interest rates and high inflation erode the value of their money. Investing appears to be growing in popularity, with 29% of UK adults holding an investment product in 2021 – up from 27% in 2020, according to financial website Boring Money. Its Online Investing Report also highlighted the importance of technology, with half of 18-34-year olds saying the ability to manage investments via their phones was important.
GROWING NUMBERS
Nutmeg now has more than 170,000 clients – and currently has in excess of £4.5bn of assets under management following 70% year-on-year growth. Clients access award- winning ISAs, Junior ISAs, Lifetime ISAs, pensions and general investment accounts that best of both worlds: innovative technology to make everything simple on the one hand – and access to expert advice on the other. As with all investing, your capital is at risk. Tax treatment depends on your individual circumstances and may change in the future.
For more information – and to start your own investment journey go to nutmeg.com