About Nutmeg
Nutmeg, now part of JPMorgan, is one of the UK's best-known digital wealth managers. You choose a risk level (and an investment style, including fully managed or socially responsible), and Nutmeg builds and rebalances a diversified portfolio for you. It covers Stocks & Shares ISA, Junior ISA, Lifetime ISA, pension and general accounts. Fees are higher than pure DIY index investing, but you're paying for a hands-off, managed experience.
Pros
- Fully managed, hands-off portfolios
- Choose risk level and investment style
- ISA, LISA, Junior ISA and pension
- Backed by JPMorgan
Cons
- Management fees higher than DIY index funds
- No individual stock picking
- Returns not guaranteed (market-linked)
Best for
Hands-off investors who want their portfolio managed for them