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Ultimately, openness and honesty is more important than anything else when it comes to managing your finances within a relationship," believes Charlotte Ransom, chief executive of investment company Netwealth."
According to Iain Barnes, head of portfolio management at Netwealth…” Like in any industry, asset management will eventually evolve to what makes it most efficient, as technology nudges it in new directions."
New research by challenger wealth manager, Netwealth, shows that two in five divorced women regret not keeping their financial independence when they joined forces with their partners."
Netwealth uses active asset allocation but invests in passive investment products, combined with the fact the company doesn't employ a lot of sales people instead winning clients via referrals, means the firm has lower costs."
Netwealth’s ‘Me, my money and I’ report found 39 percent of divorced women regret not maintaining greater financial autonomy and greater financial engagement (37 percent) over the course of their relationship."
Might it then be better to give your money to managers who focus heavily on keeping this bit down… for the best cost profile of all, only exchange traded funds (ETFs)? Go, for example, to newish wealth management company Netwealth…"
Michael Spencer, the City veteran and former Tory party treasurer, has put £5 million behind a disrupter wealth management business founded by Charlotte Ransom, a former Goldman Sachs banker."
Ms Ransom said: The latest investment, once again from such well respected and informed investors, is another positive endorsement of Netwealth’s vision… Our modern, client-centric and cost effective business provides clients with a genuine alternative to investing with the incumbents."