Wealthify lowers fees, reduces minimum investment and launches mobile app

Wealthify lowers fees, reduces minimum investment and launches mobile app

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.

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