as of 13/11/2018 at 9:19 am
Click & Invest is a new service from established global wealth manager and banking group, Investec.
You get regulated advice, so you’ll be recommended a suitable portfolio for your needs. They do this by asking a series of questions to establish how you trade off the chance of bigger gains with the risk of a larger loss. You don't get to pick your own individual funds or shares, but you can set up different portfolios for different goals – you might need more certainty with investments that are needed to pay off a mortgage, but be prepared to up your risk (and possible return) when it comes to longer term goals.
The portfolios use actively managed investments – there are human beings managing the underlying funds, so costs can be higher than other robo-advisers. Expect to pay around 1.25% – £125 per year on that £10,000 minimum.
Worth a look for tomorrow’s high earners who are on the ladder today.
New robo-adviser from an international private bank and asset manager
£10,000 minimum initial amount