Evestor splits advice from non-advised investment service

'Real need to offer broad advice'

Tom Ellis
clock • 2 min read

Online investment and advice business evestor is separating its financial advice and non-advised services.

The firm will launch OpenMoney in early 2019, which will offer broader financial advice with new functionality to help people who need help with managing debt or building up short-term savings. It will continue to offer its non-advised online investment managing service to new and existing customers. Evestor, which launched in April 2017 and has close to 10,000 customers, said the decision to split its proposition into two distinct parts "recognises the different needs of people who are looking for advice about their financial situation and those who already know what they want to do wit...

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