Holly Mckay
Holly MackayFounder and CEO
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    Home • Digital Advice
    08 Jul 2021

    Multiply

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    Multiply

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    What we say

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    Very interesting newcomer which has a personalised app to guide better financial decisions across lots of aspects of your financial life.

    • Unlike many providers this is not just focussed on ISAs or pensions, and users will get specific tips or suggestions on what to do, mapped to your spending and income.

    • They charge £1 a month which gives you access to all three of their products (ISA, GIA and Lifetime ISA) as well as ongoing financial advice. There is then a platform charge of 0.3% per annum and the fund charges on top of this.

    • We don’t yet have the customer reviews or broader feedback to give this a higher score although we like what we see.

    • Good for those who prefer to use an app on your phone... no desktop option available here!

    Customer Reviews

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    The details

    Cost (£10k): £42 (admin/advice) + investment fees

    Cost (£100k): £312 (admin/advice) + investment fees

    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
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