Best Robo-Advisor
UK's largest robo-advisor, now part of JP Morgan. Choose your risk level and Nutmeg manages your portfolio automatically. ISA, SIPP, Junior ISA, and Lifetime ISA.
Nutmeg is a robo-adviser: you answer questions about risk and timescale, and it builds and manages a portfolio for you. It is now owned by JP Morgan.
The proposition is doing away with fund selection entirely. There is no choosing between trackers, no rebalancing, and no decision to second-guess in a downturn.
Who it suits. Investors who want to be invested without becoming interested in investing, and who will genuinely pay for that convenience.
Worth knowing. Managed portfolios cost more than buying a single global tracker on a cheap platform — typically the management fee plus the underlying fund charges. Over decades that gap compounds significantly, so the convenience is worth quantifying rather than assuming.