It’s both! When you invest in a junior ISA through Wealthify, you have the choice of an ethical investment plan. But as you are investing in ethical elements of the stock market, there is a risk that the value of your child’s portfolio could go down.
Wealthify Junior ISA Review
Summary
- Investments: Pre-made portfolios
- Minimum deposit: £1
- JISA account charge: 0.6%
- Dealing fee: £0
Fees: It costs 0.6% to start investing in a junior ISA with Wealthify, which is one of the cheapest robo-advisor general investment account fees. There are also investment costs of on average 0.16% for original plans and 0.7% for ethical plans.
Special Offers:
- £50 when you refer a friend – You can get a unique link when you have a funded Wealthify account to use to recommend them to friends. To get the £50 bonus, your friend needs to invest at least £250 for three months.
Pros
- Managed portfolios
- Low minimum deposit of £1
- Low account fee of 0.6%
Cons
- Cannot trade individual shares or ETFs
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Pricing
(4)
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Market Access
(3.5)
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Online Platform
(4.5)
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Customer Service
(4)
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Research & Analysis
(4.5)
Overall
4.1- Expert opinion: Wealthify reviewed & rated
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 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.
