Wealthify General Investment Account is Fee Free for 12 months
Is Wealthify’s GIA a Good Account?
Wealthify, part of the Aviva Group, uses automation to create a portfolio suited to your risk appetite. You can opt for an original portfolio of investments from the UK and abroad, or choose an ethical plan.
As with all platforms authorised by the Financial Conduct Authority (FCA), if Wealthify were to go bust, your funds would be protected by the Financial Services Compensation Scheme (FSCS) up to £85,000.
Fees
It costs 0.6% to start investing with Wealthify, which is one of the cheapest robo-advisor GIA fees. There are also investment costs of, on average, 0.16% for original plans and 0.7% for ethical plans.
Special Offer
If you open a Wealthify investment plan, you’ll pay no management fees for 12 months. This offer ends 30 June, 2025, and is available for Wealthify’s General Investment Account, Stocks and Shares ISA, Junior Stocks and Shares ISA and Pensions only. New customers only. Find Out More.
What is Wealthify’s Platform Like to Use?
Wealthify’s investment platform lets you fine-tune your portfolio based on risk, and shows you good visuals of what it may be worth in the future.
The user interface is slick, offering you options for setting investment amounts, monthly investment amount and your investment style, as shown below.
Pros
- Managed portfolios
- Owned by Aviva
- Low account fee of 0.6%
Cons
- Can’t trade individual shares or ETFs
- Excellent (5)
Overall
5- Expert opinion: Wealthify reviewed & rated
