Advice by email: a glimpse into the future?

MASS MARKET

clock

An American start-up has attracted plenty of interest with its low-cost advice offering. Could it work in the UK?

Cracking mass-market advice has been an obsession for many – but a success for few. When someone finally gets a low-cost offering right, “they will clean up”, said Jackson Financial Planning’s Pete Matthew. A US start-up could have the answer. LearnVest provides an advice firm with a difference: it operates remotely, with aggressively cheap fees to match. A basic financial plan starts from as little as £45. The company’s ‘Complete Financial Plan’, offering four phone calls with a certified financial planner and 12 months of email support, retails at £225. Early days Entrepreneuri...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Trial of former Titan Wealth employee rescheduled as defence prepares abuse of process argument

Trial of former Titan Wealth employee rescheduled as defence prepares abuse of process argument

Prosecution ready to proceed but court agrees to delay trial until late August

Sahar Nazir
clock 09 May 2025 • 2 min read
Professional Adviser TV: Female leadership and overcoming business barriers

Professional Adviser TV: Female leadership and overcoming business barriers

With WIFA winner and short lister Frankie Smith

Professional Adviser
clock 09 May 2025 • 1 min read
The 'quick way' to lose your clients' trust

The 'quick way' to lose your clients' trust

Clients are disengaging rather than firing their advisers, conference hears

Sahar Nazir
clock 09 May 2025 • 2 min read