Are online wealth managers any good?
Online wealth managers may be a better option if you have a smaller portfolio to manage. Many traditional wealth managers only work with clients who have above a minimum threshold for them to work with, for example, £100,000. Alternatively, a one-off wealth management consultation may better suit your needs. When you compare online wealth managers, check they are fully registered with the FCA and check reviews and testimonials to ensure that they are reputable and trustworthy.