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Our experts are here to answer all your wealth management questions

There seems to be a huge variety of providers out there. How do I compare wealth managers effectively?

Answered by Lee Goggin

You are entirely correct in saying that. The UK is one of the most mature wealth management markets in the world and there are hundreds of firms jostling for your business.

The sheer number and variety of wealth managers available to choose from was the prime reason findaWEALTHMANAGER.com was founded back in 2012. We wanted to give investors an effective way of navigating the market so that they could quickly filter it down to a shortlist of best-matched providers to then meet and see who they click with best. As you’ve probably found, it’s easy to do a lot of exhaustive research yourself only to end up feeling really none the wiser.

Wealth management is a broad term including everything from the smaller investment boutiques through to the largest firms covering every element of investing and planning; likewise, some are independent and privately owned, while others are part of international banking groups.

There are no absolute rules as to which wealth manager will suit you best, but there are some key questions that will help inform your choice.

The first is whether you are looking just for investment management or require financial planning advice too. If the latter, ask yourself if you prefer a one-stop shop or for planning advice to be provided by another party.

A second very important consideration is how much money you have to invest. Wealth managers can vary widely on their investment minimums and it is also good to feel you are among clients with broadly similar levels of wealth.

Alongside hard factors like location, you might also consider softer ones like brand and servicing style. Our expert team can give you invaluable guidance here, so please get in touch for an informal chat.

Finally, and of course most important, are questions around costs and investment performance, which is why it is vital to compare several firms side by side to see which offers the best value. Our smart online tool will objectively generate the best-matched wealth managers for your situation and needs to kick-start this beauty parade.

Read our Guide to finding your best wealth manager to ensure you make the best possible choice.

Anonymous, 32, Company Director | Asked on Nov, 8

Contact Lee to discuss more?

Lee Goggin

Lee Goggin

Co-founder & UK Head

Phone
+44 (0) 207 193 5691

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