How much does Wealthsimple charge?

For net deposits of less than £100,000, our management fee is 0.7%.

For net deposits over £100,000, our management fee moves down to 0.5% on the entire account.

Net deposits are worked out by simply adding up the monies that you have added to your Wealthsimple account since it was opened. If you then take money out, that will reduce the net deposit figure.

These fees cover the portfolio management, reporting, tax wrappers (like ISAs), ongoing rebalancing, on-demand customer service, and we do not charge any trading fees on portfolios.