How much does Wealthsimple charge?

We charge 0.7% per annum of the value of your assets (after the first £5,000 that is managed for free for the first year).

For Wealthsimple Black clients who invest more than £100,000 in net deposits with us we charge 0.5% per annum (the first £5,000 is still managed on us for the first year).

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.