The biggest of the UK 'robo advisers' with over £1bn under management today. Suits people who don't know where to start or who are not interested in managing their investments on an ongoing basis.
The website is easy-to-use, intuitive and to the point. Choose between 10 different options according to your financial situation and attitudes and get plopped into a ready-made portfolio of lots of different investments from across the globe. You can either choose their low cost automated 'fixed allocation portfolios' or pay a bit more if you'd like their team to manage your investments in a more hands-on way. Either way it's not an expensive option.
A nice digital option which will suit busy people on-the-go. With 5 years under their belt, by far the most experienced of the UK 'robo advisers'. Posh City boys Schroders own a chunk of the equity which arguably gives Nutmeg the clout of having a senior, rich, very grown-up backer!
Stocks & Shares ISA
In 2016 portfolio returns ranged from 2.3% to 15.4%.
"Easy to use website with lots of information, charts and transparency. Feel reliable and trustworthy."
"If you want something simple and cost effective, with a really easy App and regular updates on markets and performance, this is the ticket. If you’re into a wide range of fund choice and loads of data, probably not so much. Works for me!"