Highlights
Community Rating	Rating not yet determined
Minimum Initial Investment	N/A
Management Fee	N/A

Nutmeg Investment Advisor Review

Nutmeg is founded in 2011 and based in , .

Nutmeg Pros & Cons

The Good	The Bad
Competitive investment expense ratios. No minimum amount to open an account.	Does not offer low-cost ETFs. Does not give access to human finance advisors. Tax-loss harvesting not available. Small selection of account types offered. Limited investment options.

Nutmeg FAQ

What fees does Nutmeg charge?

Nutmeg Investment Advisor Fees
Description

What management fees does Nutmeg charge?

Many financial advisors charge based on how much money they oversee by using a fee-structure called “assets under management,” or AUM. For instance, a 0.40% fee translates to $4 per year for every $1,000 an investment advisor manages. Management fees, also known as maintenance fees, cover the operating costs of investment advisors and are typically deducted from your account every month or quarter. The management fee does not cover the underlying expense ratios of the investment vehicles purchased by investment advisors.

What are the investment expense ratios of Nutmeg?

Hiring an investment advisor with competitive investment fees is one of the most important steps to maximizing your portfolio's performance. Investment expense ratios can vary drastically depending on the types of accounts and assets involved. A survey by the ICI puts the average expense ratio for actively managed funds at 0.76% and indexed funds at 0.08%. The investment expense ratios of an investment advisor will vary depending on the type of assets they invest in and whether they attach additional charges to fund fees.

Nutmeg does not charge fees based on an investment expense ratio.

What type of investment accounts and asset classes does Nutmeg support?

These are the investment options Nutmeg offers its clients.

Investment Choices
Supported Options	Unsupported Options
Stocks Bonds	Options Mutual Funds FOREX Futures Pink Sheets / OTCBB Real Estate Startups Marketplace Loans International Stocks Cryptocurrencies ETFs Treasury Bills

What is the minimum amount you have to invest to open an account with Nutmeg?

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Message From Our Editor

What We Love About Nutmeg

This investment tool has a range of benefits that help to make it a good option to consider. One of the things that we love about Nutmeg is that it’s so easy to get started. It’s a cheaper solution compared with many other options, and it’s transparent. The user interface is simple and intuitive. It is available to anyone who is 18 and over, even if they aren’t in the UK.

You’ll also appreciate the fact that Nutmeg publishes its portfolio performance. Most of the competition does not do this. The performance lets you see how Nutmeg is doing compared to the market and their competitors. This level of transparency is nice. The pricing model for working with Nutmeg is simple—the more you invest, the lower your annual fee.

What Nutmeg Could Do Better

While there are many benefits to Nutmeg, it’s important to look at some of the things that the company could do better. It’s still a relatively new company, and this means that it will still need to prove itself. Although it’s cheaper than other discretionary managers, it’s costlier than other automated investment services. You’ll also find that the returns might not be as high as they would be through other platforms.

Nutmeg’s Backstory

Based out of the United Kingdom, Nutmeg is a relatively new online investment tool that was started in 2011. The goal was to create a platform that would be simple to use for just about anyone who wanted to make investments. The company has grown over the years.

The Verdict

Despite the fact that Nutmeg could be costlier for you than using other types of automated investment services, some feel it’s worth it because there is more of a hands-on approach. Nutmeg may not be more beneficial than choosing low-cost index funds for some investors, but it makes the process easier. It’s a hybrid tool that could be a good solution for those who want a discretionary investment manager but who want to spend less on the cost of management fees.

Contact

Headquarters
1–45 Durham Street, 2nd Floor
London, United Kingdom, SE11 5JH
USA
(203) 598-1515
Visit Site
Email Support

About Nutmeg Investment Advisor

View Nutmeg Profile

Feature Breakdown

Features

Investment Choices

Stocks
Bonds