Netwealth
Founded in 2016 and based in central London, Netwealth is a wealth management service offering financial planning, pensions, ISAs (including junior ISAs) and general investment accounts.
We don't currently rate Netwealth in our Customer Experience Ratings.
Investing and pensions
Ready-made General Investment Accounts
| Cost (Year 1) i | £500.00 |
|---|---|
| Account closure fee | £0.00 |
| Charge for transferring investments to another platform i | £20.00 |
| Does the provider have a mobile app? | |
| Charge for selling holdings if not enough money in account for charges | |
| Completing paper applications | |
| Cash withdrawal by BACs | £0.00 |
| Same day payment/payment by CHAPs | £25.00 |
| Early account closure fee | £0.00 |
| Cost of receiving paper statements for a year | £0.00 |
| Charge for transferring cash to another platform i | £0.00 |
Ready-made Income Drawdown
Netwealth
Netwealth portfolio
| Cost of setting up income drawdown | £75.00 |
|---|---|
| Annual cost of regular payments | £90.00 |
| Charge for taking your tax free lump sum from your pension, or for making a one off or new regular payment after drawdown has started | £150.00 |
| Cost (Year 1) i | £1,500.00 |
| Charge for selling holdings if not enough money in account for charges | |
| Completing paper applications | |
| Same day payment/payment by CHAPs | £25.00 |
| Account closure fee | £0.00 |
| Cost of receiving paper statements for a year | £0.00 |
| Charge for transferring cash to another platform i | £0.00 |
| Charge for transferring investments to another platform i | £150 per hour |
| Charge for withdrawing your whole pension (if it is small enough to meet government rules) | £225.00 |
| Cost of adding money into your pension once drawdown has started, or the cost of reviewing the amount you're drawing down | £0.00 |
| Charge for account closure within 12 months through drawdown | £0.00 |
| Cost of reviewing your income drawdown if it is a capped drawdown plan | £75.00 |
| Charge for purchasing an annuity |
Ready-made Junior ISAs
Netwealth
Netwealth portfolio
| Cost (Year 1) i | £500.00 |
|---|---|
| Account closure fee | £0.00 |
| Charge for transferring investments to another platform i | £20.00 |
| Does the provider have a mobile app? | |
| Charge for selling holdings if not enough money in account for charges | |
| Completing paper applications | |
| Cash withdrawal by BACs | £0.00 |
| Same day payment/payment by CHAPs | £25.00 |
| Early account closure fee | £0.00 |
| Cost of receiving paper statements for a year | £0.00 |
| Charge for transferring cash to another platform i | £0.00 |
Ready-made Personal Pensions
Netwealth
Netwealth portfolio
| Cost (Year 1) i | £1,000.00 |
|---|---|
| Account closure fee | £0.00 |
| Charge for transferring investments to another platform i | £150 per hour |
| Does the provider have a mobile app? | |
| Charge for selling holdings if not enough money in account for charges | |
| Completing paper applications | |
| Cash withdrawal by BACs | £0.00 |
| Same day payment/payment by CHAPs | £25.00 |
| Early account closure fee | £0.00 |
| Cost of receiving paper statements for a year | £0.00 |
| Charge for transferring cash to another platform i | £150.00 |
Ready-made Stocks and Shares ISAs
Netwealth
Netwealth portfolio
| Cost (Year 1) i | £500.00 |
|---|---|
| Account closure fee | £0.00 |
| Charge for transferring investments to another platform i | £20.00 |
| Is there a mobile app? | |
| Charge for selling holdings if not enough money in account for charges | |
| Completing paper applications | |
| Cash withdrawal by BACs | £0.00 |
| Same day payment/payment by CHAPs | £25.00 |
| Early account closure fee | £0.00 |
| Cost of receiving paper statements for a year | £0.00 |
| Charge for transferring cash to another platform i | £0.00 |