Impressed by the personal service the advisers give their clients and also, the breadth of services they have on offer I am a new comer and again thru my FA Pros: Nothing Cons: Customer service Pros: The nice user interface on their app (but looks aren’t everything!) Cons: Make their app more functional – I prefer simple lists to animated charts Pros: lower fees Cons: lower fees Pros: personal support Cons: nothing really Pros: Nothing Cons: ??? Pros: Investment performance Cons: No thoughts Overall a great breadth of knowledge and refreshingly honest, very easy to work with and to trust, which is ever harderCustomer Reviews
Very personal service
1/5
I am a new comer…
1/5
3/5
5/5
5/5
3/5
3/5
4/5
4/5
5/5
1/5
5/5
Alexander West @ 05/06/2020 12:36
About 7IM
Name: 7IM
Description: 7IM provides wealth management, investment management, and financial planning services to individuals, families, charities, and institutions. Their services include discretionary portfolio management, retirement planning, and a range of investment products designed for long-term growth and wealth preservation.
Is 7IM a good wealth manager?
A good all-round wealth manager for clients with £250k upwards. A simple pricing structure also helps keeps costs low.
7IM has a solid reputation for combining innovative technology with traditional wealth management services. They are known for their client-centric approach and transparent investment strategies. Their use of cutting-edge technology, such as their platform for managing investments, sets them apart in the wealth management space.
7IM have some of the lowest wealth management fees about based on a percentage of assets under management, starting at 0.3% for the first 500,000 in your portfolio and going down to as low as 0.05% over £5m.
Pros
- Strong combination of technology and personalized wealth management.
- Transparent, competitive fee structure for the services offered.
- Innovative investment platform providing a user-friendly experience.
Cons
- May not offer as much personalization compared to boutique wealth managers.
- Some clients may find their focus on technology less suited to more traditional, hands-on approaches.
- Fees can add up for clients requiring more specialized services or larger portfolios.
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Pricing
(4.5)
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Market Access
(4.5)
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Online Platform
(4)
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Customer Service
(5)
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Research & Analysis
(5)
Overall
4.6
Partners Wealth Management Acquired by 7IM
Award winning financial planning firm, Partners Wealth Management (PWM) has been acquired by 71M The new deal will see Partners Wealth Management and 7IM continue to operate as separate companies under their own leadership teams and branding. Wealth manager PWM was founded in 2004 and has experienced rapid growth over the past few years with
Justin Urquhart Stewart, Co-Founder of 7IM on the importance of planning your financial future as soon as possible
I recently sat down to have a chat with Justin Urquhart Stewart, about the ethos of 7IM, the £15billion investment management business he co-founded in 2002. His best and worst moments and the importance of wealth management and making sure that people start planning their financial futures as soon as possible. They generally say you
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
You can contact Richard at richard@goodmoneyguide.com
