As of 1st March 2017, there are three major updates which signal good news for prospective and current Wealthify investors.
5 Second Slam Dunk
As of 1st March 2017, Wealthify has:
- Lowered the fees for investors depositing between £50k and £100k to 0.5% from 0.6%
- Launched a mobile app for both iOS (iPhone) and Android
- Reduced the minimum investment required to £1 from £250
Wealthify App Performance – Lower fees
Wealthify has reduced fees for those investing between £50,000 and £100,000. These investors now qualify for Wealthify’s lowest 0.5% annual management fee, which was only previously available to those investing more than £100,000.
Wealthify Mobile app
Wealthify’s mobile app has now launched for both iPhone and Android, meaning investors can more easily access their accounts on-the-go. The app enables investors to monitor their portfolios performance, understand what income has been earned and fees paid, and add or withdraw money with the tap of a button.
Reduced minimum investment
The minimum deposit required to open a Wealthify account has now dropped from £250 to £1, making their offering one of the most accessible on the market.
To see how Wealthify compares to other UK online investment managers, use WealthDunk’s free comparison tool here.