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

Compliance-focused adviser generation 'lost the human touch'

Compliance-focused adviser generation 'lost the human touch'

‘Now there's soft skills training but advisers naturally did it back then’

Isabel Baxter
clock 24 April 2024 • 2 min read
Advice firms face data challenges amid new regulation

Advice firms face data challenges amid new regulation

Firms face challenges in collecting data and due diligence processes

Sahar Nazir
clock 24 April 2024 • 1 min read
PA Working Lunches: Register today to hear from Baillie Gifford

PA Working Lunches: Register today to hear from Baillie Gifford

Join us for an informative session worth one hour of CPD

Professional Adviser
clock 24 April 2024 • 1 min read