Moneyfarm offers something its competitors typically charge a high premium for; a real person to speak to. Both seasoned and new investors alike can often benefit from that personal touch. It could be simple to check you are doing everything right or simply to alleviate any concerns.
Critically, Moneyfarm does not provide financial advice. This is an important distinction. If you want a financial advisor, you’ll have to look elsewhere such as Unbiased.
Like other robo-advisors, Moneyfarm gives you a hands-free investing strategy. If you have a busy life or if you have no interest in learning about investing, then a robo-advisor can help. Moneyfarm’s reviews, fees and performance make it very competitive against its competition. Personally, I feel the Investment Consultant is worth the slightly higher fee for smaller portfolios.
Of course, if you don’t like Moneyfarm or if you don’t feel you need that personal comfort blanket any longer, you can always move away for free.
Open your Moneyfarm account here.
If you want to improve your personal finances or learn more about investing, come join our Free UK Personal Finance Club over on Facebook. It’s a safe community of like-minded people all trying to improve their finances. I’d love to see you there.
Here’s to Financial Fitness