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We are building something designed to compete with the biggest wealth manager in the U.K.," Ransom says, "and since that is where most of our clients are coming to us from, we are on the right track."
Charlotte Ransom, chief executive of Netwealth, added: "We have long fought to raise awareness of the destructive impact high fees can have on client returns, and are delighted to bring our sophisticated, cost-effective service to the intermediary market."
Charlotte Ransom, CEO of Netwealth, has been named as one of the UK's most successful founders and entrepreneurs of 2019."
Simon McConnell, Netwealth's Portfolio Manager, has been recognised as the top emerging talent in wealth management for 2019.”
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."
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 finding comes from wealth managers Netwealth, who analysed data from the Office for National Statistics' Wealth and Assets Survey, 2006‑2016."
Gerard Lyons, economist at the challenger wealth manager Netwealth, said the City's position was not under threat."
