Who is Moneyfarm owned by?
Where are Moneyfarm based?
Is Moneyfarm covered by FSCS?
As well as all this, investments held by Moneyfarm are protected by the Financial Services Compensation Scheme (FSCS). As such, they'll cover investments up to £85,000.
Does Wealthsimple have fees?
Wealthsimple's 0.50% management fee on account balances of less than $100,000 and 0.40% on accounts over $100,000 is higher than that charged by the other companies on NerdWallet's best robo-advisors list. In comparison, Wealthfront and Betterment charge a 0.25% management fee.
What is the average return on a managed portfolio?
The S&P 500. It looks at the performance of the stocks from the 500 largest, most stable companies in the New York Stock Exchange—it's pretty much thought of as the most accurate measure of the stock market. The current average annual return from 1928 through 2020 is 11.64%.