as of 10/09/2018 at 2:55 pm
The biggest and most established of them all, Hargreaves Lansdown looks after about £75bn of investors’ money. Providing a one-stop-shop for shares, funds, Junior ISAs, ISAs, pensions and (coming soon) cash, these guys know their stuff. The phone service is quick, staff are very well trained and it's just good. It can however baffle newer investors and feels a bit old-school and stuffy. If you need help look out for their "multi-manager funds" which are decent pre-packaged options, just pricey.
At 0.45% for admin, plus investment charges, expect to pay about 1.2% all-in. If you’re happy to pay for good service, it’s still fair value. Just not the cheapest. Having said that, lots of people in the finance industry use it as they know it just works. It's a bit like Ocado. Good website, prompt service, polished, tasty, convenient, pricey.
The largest platform for investors, administering over £80bn.
|Minimum amounts:||£25 minimum monthly amount
£100 minimum initial amount
|12 month indicative performance:||
A medium risk portfolio (Portfolio+) returned 10.8% in 2017, after charges.