Netwealth Investments Ltd

Netwealth Investments Ltd
Private
Industry Wealth Management
Founded January 2015
Founder Charlotte Ransom and Thomas Salter
Headquarters London, United Kingdom
Area served
 United Kingdom
Website https://www.netwealth.com/

Netwealth Investments Ltd is a UK-based wealth management firm, with its headquarters in London.[1][2] The company offers a discretionary investment service which can be accessed online or via its team of financial advisers. Low maintenance portfolios are chosen according to clients’ financial goals and risk levels and then managed by a team of portfolio managers.[3]

History

Netwealth Investments was founded in January 2015 by former Goldman Sachs partner Charlotte Ransom and former JP Morgan managing director Thomas Salter; Ransom serves as the CEO of the company.[4][5][6][7]

Executive team and Board

The company executive team includes Charlotte Ransom as CEO, Thomas Salter as COO and Gerard Lyons as Chief Economic Strategist. In June 2018 Netwealth has appointed Edward Bonham Carter and Merryn Somerset Webb to its Board of Directors joining Michael Hartweg, the co-founder of Leonteq, as non-executive directors.[8][9]

Funding

As of Q2 2018, the company has raised £16.5M from investors namely Santander vice-chairman Bruce Carnegie-Brown, Betfair co-founder Edward Wray and former Goldmanites Glenn Earle, Simon Dingemans and Christopher Grigg.[5][10][11][12]

Services

With its investment service, the firm manages clients’ portfolios on their behalf and invests liquid investments such as equities, corporate bonds, government bonds and cash.[3]

References

  1. ↑ "Netwealth benefits from rise in UK and international equities". Financial Times. Retrieved 2017-12-22.
  2. ↑ Ali Hussain, Faith Archer and (2017-07-02). "March of the robo‑advisers". The Sunday Times. ISSN 0956-1382. Retrieved 2017-12-22.
  3. 1 2 Bain, Iona (2016-05-28). "The rich and the march of the robots". The Times. ISSN 0140-0460. Retrieved 2017-12-22.
  4. ↑ "City grandees back ex-Goldman partner's online wealth firm". Wealth Manager. Retrieved 2017-12-22.
  5. 1 2 Palmer, Kate (2016-05-21). "Gerard Lyons among City titans behind new 'robot' advisor to the rich". The Telegraph. ISSN 0307-1235. Retrieved 2017-12-22.
  6. ↑ "When investing, beware of our bad habits". Evening Standard. Retrieved 2017-12-22.
  7. ↑ "Ex-banking bosses in the UK launch an online discretionary fund management service (via Passle)". Passle. Retrieved 2017-12-22.
  8. ↑ Palmer, Kate (2016-05-21). "Gerard Lyons among City titans behind new 'robot' advisor to the rich". The Telegraph. Retrieved 2018-07-05.
  9. ↑ "DFM appoints Bonham Carter as non-exec director". Investment Week. Retrieved 2018-07-05.
  10. ↑ Foster, Mike. "Ex-Goldman bankers back City's newest robo-adviser". Retrieved 2017-12-22.
  11. ↑ Goldsmith, Courtney (2017-09-19). "Wealth manager Netwealth raises £10m in second funding round". Retrieved 2017-12-22.
  12. ↑ "Bonham Carter backs launch of online discretionary manager Netwealth". investmentweek.co.uk. Retrieved 2017-12-22.
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