Which is the best robo-adviser UK?

There is no single best robo-adviser — it depends on your priorities. Wealthify has the lowest minimum investment (£1) and competitive fees. Nutmeg has the widest range of account types and portfolio options. Moneyfarm has personalised advice and competitive fees on larger portfolios. All three are FCA-regulated and your investments are protected by the FSCS up to £85,000.

Are robo-advisers better than DIY investing?

Robo-advisers are better for people who want a simple, hands-off approach. They automatically diversify your portfolio, rebalance it, and choose investments for you. DIY investing through platforms like Vanguard, AJ Bell, or Hargreaves Lansdown can be cheaper if you know what you're doing, but requires more time and knowledge. For most beginners and busy professionals, a robo-adviser is a good starting point.

How much do robo-advisers charge UK?

Most UK robo-advisers charge a management fee of 0.35% to 0.75% per year, plus underlying fund costs of 0.10% to 0.25%. Total costs are typically 0.50% to 0.90% per year. On a £10,000 portfolio, that's roughly £50 to £90 per year in total fees.

Are robo-adviser investments safe?

Your money is invested in the stock market through robo-advisers, so the value can go down as well as up. However, your investments are held in your name (segregated from the company), and you are covered by the FSCS up to £85,000 if the platform fails. The platforms themselves are regulated by the FCA.

Wealthify vs Nutmeg vs Moneyfarm — Robo-Adviser Comparison | PocketWise

Robo-advisers manage your investments automatically based on your risk level and goals. Here is how the three most popular UK platforms compare.

Quick Comparison

Feature	Wealthify	Nutmeg	Moneyfarm
Management fee	0.60%	0.25%–0.75%	0.35%–0.75%
Fund costs	~0.16%	~0.17%–0.31%	~0.20%
Total annual cost (approx.)	0.76%	0.42%–1.06%	0.55%–0.95%
Minimum investment	£1	£500 (ISA), £100/month	£500
Account types	ISA, GIA, Junior ISA, Pension	ISA, GIA, Junior ISA, LISA, Pension	ISA, GIA, Junior ISA, Pension
Risk levels	5 (1–5)	10 (1–10)	7 (1–7)
Ethical/ESG options	Yes	Yes	Yes
Mobile app	Yes	Yes	Yes
Human advice	No	Limited (paid)	Yes (included for larger portfolios)
FSCS protected	£85,000	£85,000	£85,000
FCA regulated	Yes	Yes	Yes

Fees Breakdown

Management Fees

Platform	Fee structure
Wealthify	0.60% flat fee on all portfolio sizes
Nutmeg	Fixed Allocation: 0.25%, Fully Managed: 0.75%, Socially Responsible: 0.75%
Moneyfarm	Tiered: 0.75% (under £10k), 0.60% (£10k–£50k), 0.50% (£50k–£100k), 0.35% (£100k+)

Total Cost on a £10,000 Portfolio

Platform	Management fee	Fund costs	Total annual cost	Cost in £
Wealthify	0.60%	0.16%	0.76%	£76
Nutmeg (Fully Managed)	0.75%	0.21%	0.96%	£96
Nutmeg (Fixed Allocation)	0.25%	0.17%	0.42%	£42
Moneyfarm	0.75%	0.20%	0.95%	£95

Total Cost on a £50,000 Portfolio

Platform	Total annual cost	Cost in £
Wealthify	0.76%	£380
Nutmeg (Fully Managed)	0.96%	£480
Nutmeg (Fixed Allocation)	0.42%	£210
Moneyfarm	0.80%	£400

Total Cost on a £100,000 Portfolio

Platform	Total annual cost	Cost in £
Wealthify	0.76%	£760
Nutmeg (Fully Managed)	0.96%	£960
Nutmeg (Fixed Allocation)	0.42%	£420
Moneyfarm	0.55%	£550

Key takeaway: Nutmeg Fixed Allocation is cheapest for passive management. Moneyfarm becomes more competitive for larger portfolios. Wealthify is a simple flat fee regardless of size.

Account Types

Account type	Wealthify	Nutmeg	Moneyfarm
Stocks & Shares ISA	Yes	Yes	Yes
General Investment Account	Yes	Yes	Yes
Junior ISA	Yes	Yes	Yes
Lifetime ISA	No	Yes	No
Pension (SIPP)	Yes	Yes	Yes
Cash ISA	No	No	No

If you specifically want a Lifetime ISA, Nutmeg is the only option among these three.

Investment Approach

Feature	Wealthify	Nutmeg	Moneyfarm
Investment style	Passive ETFs and funds	Mix of active and passive (Fully Managed) or passive only (Fixed)	Passive ETFs
Risk levels	5 levels: Cautious to Adventurous	10 levels	7 levels
Rebalancing	Automatic	Automatic	Automatic
ESG/Ethical option	Yes (all 5 risk levels)	Yes (Socially Responsible portfolios)	Yes (ESG portfolios)
Underlying investments	ETFs tracking global markets, bonds, property	ETFs and index funds	iShares and Vanguard ETFs

Getting Started

Feature	Wealthify	Nutmeg	Moneyfarm
Minimum lump sum	£1	£500	£500
Minimum monthly contribution	£1	£100	None (but lump sum required first)
How to open	Online or app	Online or app	Online or app
Risk questionnaire	Yes	Yes	Yes (plus optional consultation)
Time to open	Minutes	Minutes	Minutes (consultation optional)

Withdrawals and Transfers

Feature	Wealthify	Nutmeg	Moneyfarm
Withdrawal time	3–5 business days	3–7 business days	2–5 business days
Withdrawal fees	None	None	None
ISA transfer in	Yes	Yes	Yes
ISA transfer out	Yes	Yes	Yes
Pension transfer in	Yes	Yes	Yes
Partial withdrawals	Yes	Yes	Yes

Who Each Platform Suits Best

Platform	Best for
Wealthify	Beginners (£1 minimum), people who want simplicity, small regular savers
Nutmeg	Investors wanting more portfolio control, anyone needing a LISA, larger portfolios wanting Fixed Allocation pricing
Moneyfarm	Larger portfolios (£50k+) for better fees, anyone wanting access to human advice, ESG-focused investors

Robo-Advisers vs DIY Platforms

Feature	Robo-adviser (e.g. Wealthify)	DIY platform (e.g. Vanguard Investor)
You choose investments	No — they choose for you	Yes — you select funds
Management fee	0.35%–0.75%	0%–0.15%
Fund costs	0.16%–0.31%	0.06%–0.22%
Total cost	0.50%–0.96%	0.06%–0.37%
Rebalancing	Automatic	Manual
Knowledge required	None	Some — must understand funds and asset allocation
Time commitment	Minutes per year	Hours per year
Best for	Beginners, busy people	Confident investors who want to save on fees

If total cost is your primary concern and you are comfortable choosing your own index funds, a DIY platform like Vanguard Investor (0.15% platform fee) or InvestEngine (0% platform fee) will be cheaper.

Related guides:

Wealthify vs Nutmeg vs Moneyfarm — Robo-Adviser Comparison

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