IFA develops trading algorithm with philanthropic twist

Donated more than £1,000 to cancer charity

Jenna Brown
clock • 2 min read

Woodward Financials has developed a trading algorithm with a philanthropic pledge to give 50% of all gains to charity.

Victoria's Promise, which supports young women with cancer, received £1,040 after algorithm creator and Woodward Financials managing director David Woodward picked it as his chosen charity. Woodward used his algorithm to invest £1,000 of his own money. It made 32 profitable trades which netted more than 200% with zero losses. The profits from the endeavour, £1,040, were then handed over to the worthy cause. Victoria's Promise is a non-profit charitable organisation that supports young women who are facing a cancer diagnosis. The charity aims to instil a sense of empowerment and fortit...

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

PFS's Pathway to the Profession project hits  500-member target

PFS's Pathway to the Profession project hits 500-member target

A third of new members are women

Sophia Panayi
clock 28 April 2026 • 2 min read
Feel Good Friday: One Four Nine Group raises £40,500 for charity partner

Feel Good Friday: One Four Nine Group raises £40,500 for charity partner

Firm picks three new charity partners for 2026/27

Professional Adviser
clock 24 April 2026 • 1 min read
Deal Dive: 2026 kicks off with a slower start

Deal Dive: 2026 kicks off with a slower start

Deals announced in Q1 2026

Isabel Baxter
clock 24 April 2026 • 3 min read