Wealthify is an online investment service which lets you build personal investment plans. It offers a range of financial services including investment options and pensions.
Junior Stocks & Shares ISA (JISA)
Wealthify’s Junior Stocks & Shares ISA is a simple way to plan for your child’s financial future even if you have no investment experience. Money invested could be used to pay for future university fees, their first car or starting on the property ladder. Start with a lump sum or from as little as just £1. The investment limit is £9,000 for the 2023/24 tax year. This ISA is a highly tax-efficient way to put money away for your loved ones as you’ll pay no income or capital gains tax on any returns you earn. Your child gets access to the money as soon as they turn 18.
Stocks and Shares ISA
Wealthify’s Stocks and Shares ISA lets you save or invest up to £20,000 tax-efficiently each year with no capital gains tax or income tax to pay on your money as it grows. You can pick from growth and income ready-made funds or select funds yourself from the full range available. There are also opportunities to invest exclusively in ethical investment funds. This ISA has low fees and no hidden costs; you can invest effortlessly and access your account easily 24/7.
Other Services
Wealthify is an online investment service which lets you build personal investment plans. It offers a range of financial services including investment options and pensions.
Wealthify Reviews and Ratings
Online reviews for Wealthify are excellent. Customers are pleased with the personal service and the amazing customer experience they get. The platform is simple and easy to use and monitor, and the communication about your portfolio and re balancing is excellent. It has enabled people to set up an investment fund, make use of their ISA allowance and make easy investments on auto-pilot.
Reviews.io – 4.6/5 (based on 1,099 reviews)
Trustpilot – 4.32/5 (based on 348 reviews)
Pros
- Backed by Aviva, one of the largest and most recognised financial services brands
- Fast easy online setup
- A promise of simple, no complicated jargon
- Ethical investment opportunities
- Access your account 24/7
- Low fees and no hidden costs
- Transfers-in accepted
- 5 Star Defaqto Rating
- Award-winning: British Bank Awards / Investor Choice Awards 2020
- Excellent customer reviews
Cons
- Stocks and Shares ISAs only
- Cash ISAs, Lifetime ISAs and other ISA products not offered
- Limited product information and detail online
- Online tools and supporting collateral could be better
Website: Wealthify