7IM cuts platform fees for portfolios above £2m in HNW bid

Aimed at HNW clients and family groups

"We see this as a core part of our move to provide high-net-worth individuals with the best possible offering and client experience" - 7IM's Verona Kenny
"We see this as a core part of our move to provide high-net-worth individuals with the best possible offering and client experience" - 7IM's Verona Kenny
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7IM has cut fees for investors with more than £2m on its platform, aiming the changes at high net worth clients and family groups.

The changes will see those with between £2m and £5m on the platform pay 0.08%, rather than the old price of 0.15%, for their balance between those values. Those with more than £5m will see their fees drop...

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