The judge's comments on the winner (Netwealth) focused on what they described as its 'fascinating approach to cross-generational savings, and network-based approach to investing'."
WealthBriefing European Awards 2019, 11 April 2019
Winner of Innovative Client solution Award
Charlotte Ransom, CEO of Netwealth, has been named as one of the UK's most successful founders and entrepreneurs of 2019."
The Telegraph Technology Intelligence, 5 April 2019
Telegraph Tech Hot 100
Mr Conradi recommended you should think about what role the £160k has in your pot. While nobody likes to lose money, with inflation currently above the very low interest rates available, this money is being eroded each year in real terms."
The Telegraph Money, 1 April 2019
How much of my £250k retirement pot should I have in cash, bonds and stocks?
Article behind paywall
Men held £25,459 in the tax-free wrappers in the year to April 2016, compared to £22,680 for women, according to an analysis of HM Revenue & Customs figures by Netwealth, an online wealth manager."
The Times, 17 March 2019
Women aren’t equal for investing?
The finding comes from wealth managers Netwealth, who analysed data from the Office for National Statistics' Wealth and Assets Survey, 2006‑2016."
The Motley Fool, 12 March 2019
It's official: 20% of over-65s are millionaires
Gerard Lyons, economist at the challenger wealth manager Netwealth, said the City's position was not under threat."
City A.M., 11 March 2019
Dublin already the big Brexit winner as financial services firms move business out of London
If figures were sufficient to start a revolution, these findings from Netwealth, the online adviser, should provoke an immediate shift in mindset."
The Times, 9 March 2019
Jargon is not a feminist issue — but we really do hate it
Article behind paywall
Charlotte Ransom, CEO of Netwealth: "As the CEO of a wealth management company, I see the startlingly impressive characteristics female investors often share, and am excited to watch as we begging breaking down the barriers within finance."
Spears, 8 March 2019
International Women's Day: 'Only 7 per cent of investors are female. Why is that!?'
…according to Netwealth, an investment service, men have saved on average 12 per cent more. Perhaps because men tend to earn more than women the average value of all their Isas in 2015-16 was £25,459, compared with £22,680 for female savers."
The Times, 8 March 2019
Why women should not be afraid of investing
…women find investing to be empowering: it finally brings the topic of finance alive."
The Edge, Master Investor, Spring 2019
How will the EU act after Brexit?
Gerard Lyons writes "Britain's planned departure from the EU exposes many issues. A key one is the economic path the UK will choose. Less commonly asked is what will the rest of the EU do. Perhaps this should figure more in the debate…"
City AM, 21 February 2019
How will the EU act after Brexit?
Charlotte Ransom, the chief executive of Netwealth, a financial planner, says: "This is something I believe to be of the utmost importance for all women, regardless of their relationship status. Too often I hear women say that finance 'isn't for them'."
The Times, 16 February 2019
How to look after you finances when you get divorced
Iain Barnes, head of portfolio management at Netwealth, explains how to allocate and invest long term portfolios such as a pension."
Investors Chronicle Podcasts, 8 February 2019
Personal Finance Show: The right approach to retirement and success with styles and factors
Netwealth economist Gerard Lyons said the figures exposed… "how sensitive markets and economies have been to monetary easing and subsequent monetary tightening."
City AM, 1 February 2019
Recession hits Italy
Iain Barnes, Head of Portfolio Management, Netwealth: "A key aim of wealth management is to help clients achieve a real return on their savings, enabling them to meet their financial goals."
Wealth Manager, 31 January 2019
Room 101: Lack of sleep, V bucks and the District Line are among this week's bugbears
It is also possible, according to the WTO, says Netwealth's Gerard Lyons, that "we could leave with a 'no deal' and still maintain existing tariff arrangements with the EU for a long time…"
MoneyWeek, 21 January 2019
Ignore all the Brexit hysteria and buy UK stocks
Charlotte Ransom, chief executive of Netwealth, said: As the nation's wealthiest generation by some margin, they nevertheless face complex financial pressures. The need to fund record long retirements… means baby boomers can't be complacent when it comes to their wealth."
The Times, 17 January 2019
One in five pensioners is a millionaire as young miss out
Charlotte Ransom said: Netwealth analysis shows that this has become a reality for a fifth of all over-65s as they’ve benefited from several decades of economic boom, soaring property prices and final salary pensions."
The Daily Telegraph, 16 January 2019
One in five baby boomers worth £1m after years of rising fortunes
Often known as the wealthiest generation, baby boomers have consolidated their position through "soaring property prices, inheritance and the prevalence of final salary pension schemes", says Charlotte Ransom, chief executive and founder of Netwealth."
The Week, 15 January 2019
Which generation is best at saving for pensions?
Netwealth, a wealth manager, analysed the Office for National Statistics' Wealth and Assets surveys between 2006 and 2016 (the most recent data available). In 2006, those aged over 65 owned 28 per cent of the UK's household wealth, a figure which had increased to 36 per cent 10 years later."
Business Telegraph, 9 January 2019
One in five UK baby boomers are millionaires
What's at the top of your financial to-do list for 2019? Charlotte Ransom says "To ensure mine and my family’s Isa contributions are automatically invested on the first day of the tax year — without having to lift a finger."
FT Money, 4 January 2019
Financial new year resolutions in a tweet
Charlotte Ransom, CEO and founder, Netwealth "With the help of Mifid II, 2019 will be the year where clients will know what they are being charged and can act accordingly."
Citywire, 3 January 2019
'Antediluvian' wealth models: 13 Mifid II birthday messages
Gerard Lyons, chief economic strategist at Netwealth, the wealth manager,...said the economy "could easily come to a standstill in the early months"
Financial Times, 1 January 2019
Brexit 'bad or awful' for UK prospects in 2019, say economists
Article behind paywall
Iain Barnes, head of portfolio management at wealth management firm Netwealth said time in the market is better than timing in the market. 'Mistiming a decision to buy or sell could be incredibly costly for investors..."
The Daily Telegraph, 21 December 2018
Four investment traps to avoid to boost your returns in 2019
Article behind paywall
Potential changes to inheritance tax (IHT) and capital gains tax (CGT) are top of the worry list for many, says Matt Conradi, head of client advisory at Netwealth."
Financial Times, 7 December 2018
Beyond Brexit: more uncertainty for investors
Article behind paywall
Iain Barnes, head of portfolio management at Netwealth, says: Your total portfolio is certainly not high risk, given that around 46 percent is invested in cash or cash equivalents."
Investors Chronicle, 6 December 2018
Move cash into bonds and equities to get 5%
Article behind paywall
For a small fee, not too dissimilar to what a DIY investor would expect to pay each year, you can have your portfolio managed by an experienced, dedicated and cost-conscious team, who are watching the screens so you don’t have to."
City A.M., 6 December 2018
Is DIY investing a cheap trick?
All too complicated? Then maybe you should use a website such as […] Netwealth that will construct a portfolio specifically to dovetail with your attitude to risk and investment time horizon."
The Mail on Sunday, 18 November 2018
Don't panic! How to protect your hard-earned savings from stock market wobbles
Netwealth — a platform aimed at much wealthier investors — has been successfully doing this for years, offering financial planning and advice to clients for an hourly fee"
Financial Times, 30th November 2018
Here’s some free financial advice: beware of fees
Article behind paywall
Ransom has found that although there is still a sentiment among women that money is not ‘their thing’, the goal-based investing the firm provides has appealed to them."
Citywire, 28th November 2018
Netwealth CEO: stop patronising women
Iain Barnes of Netwealth, a wealth manager, says that, for cautious investors, inflation-linked government bonds could offer some protection in the event of a bad Brexit deal."
The Sunday Times, 27th October 2018
How to cope with the stock market fear factor this Halloween
Article behind paywall
Charlotte Ransom the chief executive of Netwealth, an investment service, says: “This is further evidence that, across many financial services, consumers are failing to get a fair deal."
The Sunday Times, 29th September 2018
The £900-a-year cost of being too loyal
Article behind paywall
Gerard Lyons, chief economic strategist at Netwealth, has called for FTSE Russell to show some flexibility and allow Unilever to remain in the FTSE 100."
The Sunday Times, 23rd September 2018
HQ battle likely to be last act for Unilever boss Paul Polman
Article behind paywall
Ransom’s aim is to make investing as painless and transparent as possible."
Spears Magazine, 18th July 2018
Liquid Lunch: how Charlotte Ransom is shaking up wealth management
Charlotte Ransom, chief executive of Netwealth, said given advances in technology, there is no reason why investors should not be able to access their portfolios in order to see how much they are paying for wealth management services."
Financial Times Adviser, 27th June 2018
Half of investors ignorant of fees, research finds
Online wealth manager Netwealth offers a "hybrid" service, which allows customers to choose between going it alone or getting advice on a one-off or ongoing basis"
The Telegraph, 10th June 2018
Beware these 'robo advisers' that can't give advice
Bonham Carter will sit on the board alongside MoneyWeek editor-in-chief Merryn Somerset Webb, who has also recently been appointed…"
Investment Week, 5th June 2018
DFM appoints Bonham Carter as non-exec director
One firm, Netwealth, goes a step further by allowing friends and families to club together to cut fees."
The Telegraph, 24th April 2018
How you can cash in by clubbing together
Netwealth’s Charlotte Ransom said investors should use the rules as an opportunity to push their managers on fees."
The Telegraph, 12th February 2018
Revealed: how wealth managers' fees can halve your total returns
Netwealth, an online wealth manager, told Money 65% of its clients were men. The ratio is "slowly improving", said Charlotte Ransom, chief executive."
Sunday Times, 4th February 2018
The female investor is more savvy than the male
Article behind paywall
Be positive. The City will get a boost from LSD this year."
City A.M., 3rd January 2018
Should the City be optimistic about 2018?
Use an online investment service like Nutmeg or Netwealth. Be aware of fees. If you're paying more than 1%, move your money."
Red Magazine, January 2018
How to be richer in 2018
Gerard Lyons, chief economic strategist at Netwealth, predicts that the U.K. will concede to most of the EU's demands in order to reach a deal."
CNBC, 4th December 2017
Will there be a Brexit deal?
Netwealth has launched an online tool aimed at making investors aware of how much their wealth manager is really charging."
Wealth Manager, 26th September 2017
Netwealth aims to reveal how much wealth managers really charge
Thirteen new investors joined the 28 angels who provided the company its initial capital of £6.57m before the firm launched in May 2016, making total funds raised to date £16.6m."
City A.M., 19th September 2017
Wealth manager Netwealth raises £10m in second funding round
Netwealth, the online investment manager backed by a number of City titans, has raised £10.02 million in its second round of funding and brought on board several new high profile shareholders"
Citywire, 14th September 2017
High profile investors inject £10m into Netwealth
I have a certain amount of exposure to the US via my Sipp at Netwealth (it is passively run)"
Financial Times, 9th September 2017
Investors need some international diversification (Merryn Somerset Webb)
Article behind paywall
Netwealth delivered growth that was noticeably higher than the benchmarks across all four risk profiles, from cautious (40% equities) to high risk (80% equities)"
Sunday Times, 2nd July 2017
March of the robo-advisers
Article behind paywall
Netwealth, the wealth manager led by Charlotte Ransom, a former Goldman Sachs partner, reported returns ranging from 2.9 per cent to 25.6 per cent across its seven portfolios in the year to the end of May, with the best gains generated from investments in UK and international equities."
Financial Times, 5th June 2017
Netwealth benefits from rise in UK and international equities
Article behind paywall
Discretionary management firm Netwealth, which launched a year ago, has seen returns across its portfolio range beat the average performance of its peers."
Financial Times Adviser, 6th June 2017
Netwealth Portfolio Performance
One particular feature of Netwealth's service is the ability for groups of people - typically family but sometimes friends - to form a 'network'. This means the percentage they each pay is based on the combined value of their assets, not their individual pot."
Daily Mail, 21st May 2017
Army of 'robo advisers' is driving down costs
Online investment management firm Netwealth says its average client size is more than £200,000, proving there is appetite among high-end investors for a digital service."
Wealth Manager Magazine, March 2017
Netwealth proving HNWs hungry for digital
Gerard Lyons, chief economic adviser to Netwealth Investments, said: 'It is very difficult to replicate the skills, knowledge, experience and infrastructure we have here in London … It will continue to be the dominant financial centre of Europe and one of the two major financial centres of the globe.'"
Daily Mail, 27th March 2017
London is crowned global finance king… despite Brexit fears that jobs will go abroad
Alternatively, there are the “do it for you” providers who make the investment choices for you. Many are new digital offerings, which manage a range of funds tailored to your risk level, at a relatively low cost. Names here include Nutmeg, MoneyFarm and Netwealth"
The Guardian, 27th March 2017
Is an Isa the best home for your nest egg?
Slashing a single percentage point from annual fees could bring a 35-year-old investor nearly two extra decades of retirement income, according to investment manager Netwealth.
Netwealth took the example of a 35-year-old who has built up a pension pot of £12,000, and then continues to invest £250 a month until the age of 65. With returns of 3.5% a year after charges, it could then generate an income of £9,000 a year for 24 years. However, cut charges by a percentage point, so the returns bump up to 4.5% a year, and the income could continue for 43 years."
Sunday Times, 19 March 2017
Active or passive — both approaches have their benefits
Article behind paywall
The BoE has consistently got its forecasts wrong," said Gerard Lyons of Netwealth Investments, a former adviser to Boris Johnson [...] "People are allowed to get their forecasts wrong but … when there's a consistent bias, that's when you have to reassess."
Financial Times, 2nd February 2017
Bank of England upgrades UK growth forecasts again
Article behind paywall
A new wealth manager, Netwealth, has spotted the potential of "multi-generational" investing […] It calculates fees on the basis of the total assets held in up to eight linked accounts."
Sunday Telegraph (Money), 8th January 2017
Could you be the 'fund manager next door'?
Numbers crunched for Money by the investment manager Netwealth show that reducing annual charges by one percentage point could net you an extra two decades of comfortable retirement."
Sunday Times, 1st January 2017
Here's what passes for 'value for money' in the pensions game
Article behind paywall
The research was produced by Netwealth Investments, one of a number of new services undercutting existing wealth managers and squarely aimed at well-off investors who want value for their money."
Sunday Telegraph (Money), 20th November 2016
Investment fees that cost you 16 years' income
Here's what I am planning to do with my own pension: keep saving into my Sipp (now split between various investment trusts held with Hargreaves Lansdown and passive investments with Netwealth) until there is enough there to provide a base income in retirement."
Financial Times, 28th October 2016
Simplicity and low costs – that's real pension freedom
Article behind paywall
He's justified to stay," said Gerard Lyons, a strategist at Netwealth Investments "He's done a good job and some of the criticisms of the bank are overdone. The policy project still needs to be fully worked through after the referendum."
Bloomberg, 6th October 2016
Carney Has October Pause to Decide BOE Future in Brexit Economy
The founders think there are problems with transparency, high costs and poor performance in the [wealth management] industry and that Netwealth can offer something new."
City A.M., 13th September 2016
From City Hall to wealth management startup: Meet Boris Johnson's ex-economic adviser, Gerard Lyons
Netwealth aims to make investments a family affair by allowing investors to invite their spouse, children, siblings and friends to their network – with each individual retaining their own portfolio. Under the service, called Netwealth Network, fees are calculated on the homogenised investment amount in the network."
FT Adviser, 22nd June 2016
Firing Line: Thomas Salter
[The] founders developed the product after finding that "a core financial consumer base was either underinvested or unhappily invested due to concerns over cost, transparency, performance and quality within discretionary wealth management."
Money Week, 6th June 2016
The rich return to robo-advisers
If you are time poor, cash rich and looking for somewhere to invest, who are you going to call? Up to now the answer has been a wealth manager... However, a new online wealth manager is offering a similar service for half the cost, at the click of a button."
The Times, 28th May 2016
The rich and march of the robots
Article behind paywall
Rather than targeting the mass market, the company aims to tap into the wealth management client base, such as those customers serviced by Rathbones, St James's Place and Brewin Dolphin. Speaking to FTAdviser, chief operating officer Mr Salter, who was previously a managing director at JP Morgan, suggested many of the current DFM players in the market create an "illusion of bespoke" by tinkering with ready-packaged portfolios."
Fintech Collective, 27th May 2016
Ex-banking bosses in the UK launch an online discretionary fund management service
One of the most promising challenger firms aiming to take on the established wealth management and private client investment business."
Money Makers, 26th May 2016
A low-cost future for wealth management?
Humans are fundamentally badly designed for managing money ... Hence the launch of a new fund management group this week called Netwealth [...] once aboard, clients are promised first-class asset allocation, together with the performance measurement, customisation and transparency which modern technology makes possible."
Evening Standard, 24th May 2016
When investing, beware of our bad habits
According to Netwealth co-founder and CEO, Ransom, Netwealth was designed to assist British professionals who are "underinvested or unhappily invested" make the most of modern technology. "While critical aspects such as a highly qualified team, investment rigour and security of their assets are all vital, they also want to benefit from all that technology can bring, including performance analytics, customisation of their individual investment goals, and transparency when it comes to the true costs of the service."
Portfolio Adviser. 23rd May 2016
Bonham Carter-backed Netwealth pins hopes on technological edge
The company has raised just over £6.5m of investment, understood to be one of the largest angel rounds in the UK in the last five years. It has attracted an investor line-up including Bonham Carter, Michael Hartweg (co-founder, Leonteq), Harvey McGrath (former chairman of Man Group and Prudential), Merryn Somerset Webb (editor-in-chief, MoneyWeek) and Edward Wray (co-founder, Betfair)."
Investment Week, 23rd May 2016
Bonham-carter backs launch of online discretionary wealth manager
It has been designed as a low-cost service with long-term asset allocation at its core, but with the option of face-to-face advice for clients who desire it. [...] Its investment management proposition 'will have a human on the tiller', while clients can opt for face-to-face advice. Technology is very much viewed as the 'enabler', with human interaction an important aspect of the service."
Wealth Management, 23rd May 2016
City grandees back ex-Goldman partner's online wealth firm
Netwealth's charges are way below total costs of 2%, or more, levied by traditional advisers."
Financial News 23rd May 2016
Ex-Goldman bankers back City's newest robo-adviser
Article behind paywall
[Netwealth] have attracted a big-hitting team. The pair earlier this month signed up Gerard Lyons (pictured), who was previously the chief economic adviser to London mayor Boris Johnson, as chief economic strategist. Former UBS Asset Management executive director Iain Barnes has joined as head of portfolio management with Rachel Willox, latterly an executive director at JPMorgan, recruited as head of operations."
Citywire, 23rd May 2016
City grandees back ex-Goldman partner's online wealth firm
Founded by Charlotte Ransom, a former Goldman Sachs banker, the start-up hopes to challenge traditional wealth managers and private bankers with a low-cost, automated investment service. With a minimum investment of £50,000, it charges a tiered 0.65% management fee, dropping to 0.35% for those who put in more than £500,000, around a third of the cost of actively managed portfolios."
The Telegraph 21st May 2016
Gerard Lyons among City titans behind new 'robot' advisor to the rich