Wealthify reviews

Overall poor experience with Wealthify. The app is easy to use and understand and I like the flexibility and control you have on your investments. The issue lies with performance, fully aware that investments move up and down and markets …

First the positives- good app, ease to use , easy to set up direct debits and quite responsive customer services. Unfortunately the performance over the past 3 years has been below my other investments accounts resulting in and investment …

Prompted to post my positive experience because I am so appalled by all the negative reviews. Reading the reviews, the majority of people are using Wealthify with little to no experience or knowledge in investing. Reviewers are claiming …

Only joined due to promise of £50 after one year if £50 initially invested. Didn’t lose money but no gains except for the +£50.
So actually 100% gain but only through offer. Found offer on MSE money tips site.

Avoid Wealthify – I agree with previous comments, performance is useless and you will lose money. I have worked in investments and personal finance for over 10 years and Wealthify is the worst company in terms of performance and service. …

All my personal experience and view: Worst performer I have come across, constant portfolio adjustments with incremental cost and negative impact factoring in spreads, and over past 18 months, compared to peers used, dire. Cant think of …

Invested in the platform with £50 to start with and you get £50 cash back in 12 months if you keep it in. Easy to set up and communication. I’m just paying in £10 a month as I have most investments elsehwhere and this is my ‘I won’t miss …

Over a 3 year period, currently down just under 5% of my original investment. Meanwhile, standard savings accounts are returning triple what wealthify can offer. Terrible company, terrible performance, the absolute slowest customer care …

31/01/2023

PLEASE be careful with this company. They regularly use Martin Lewis and Money …

Very disappointed, my husband encouraged me to get a stocks and share isa I read a lot of reviews and decided that as a rookie wealthify was recommended. However in 5 years I have not had any profit at all currently 5%down. I’m just waiting to go into the black and withdraw my money.

So disappointed with Wealthify – money has just been draining away for a long time now. Kept leaving my funds where they were hoping for an upturn, but no – just more money lost…have closed my plan today as will get more in the building society. Very unhappy.

Ignore the majority of the 1* reviews, they show a lack of the basic understanding of how investments on the stock market work. It’s quite obvious that their investments would have decreased in the current climate. Over past year in general …

These guys are brilliant. Quick to respond to queries. Knowledgeable staff. Reasonable fees for a blended human/computer investment strategy.

AVOID. Poor performance and poor customer support. Especially Jack who is rude and doesn’t know the first thing about finance. …

Had this product for 5 years. Wish I had just opted for a normal ISA or savings account. The investment over the period of time have gone up and down but has gained nothing more than £100 but my daughters fund has now lost £600. …

Wealthify is great for first time investors. I have had nothing but prompt, efficient and intelligent reponses so far any time that I have contacted the team. The one star reviews, are on the whole just not fair, and show that the people …

Poor customer communication in the app.
Beware that – despite not disclaimed – by attempting the suitability review more than a certain amount of time, your account gets blocked and will stay so …

Been using Wealthify for a bit now. and I’ve done my due diligence, they’re FCA regulated and FSCS protected. – So easy to use, variety of options and you can watch the performance easily. Definitely recommend.

Poor performance, and that’s compared to other similar online investment vehicles I have money in – not just because of general market conditions. There’s something wrong with this company and its investment strategies.

I use Wealthify to manage my Investment ISA and a private Personal Pension. I had no problems until recently, when they took a Direct Debit over three times what I had authorised them to from my account. I informed the team there that this …

I joined Wealthify thinking they’d be a safe option for investing, after haemorrhaging 10% of my savings in under six months I couldn’t have been more wrong. I’m somewhat stunned by the speed and magnitude of my losses and can only pray it …

I’ve had my account for 14 months and in terms of performance it’s been staggering – currently 8.26% down and that’s not allowing for real terms losses due to the high inflation during the same period (circa 3%). For that impressive …

Absolute useless. They change the investment almost every month, but they are just loosing more and more every time. A bunch of incompetent kids who doesn’t know a single thing about investments. Avoid them at all cost.

If I could rate zero stars I would.
Try and draw your money out and close the account.
Unlike other firms where you just do this online, with this company you have to …

Only recently invested a very small amount of money.
Very happy with the process and website.
Also the growth has been good to date.

Withdrawal process takes longer than the 10 working days they promise. I closed my plan on 23rd May and still not got money today, the 13th June. Nor can their customer services promise I will get my money today. Never again

The app is user-friendly, especially for a novice investor like myself. Wealthify is linked within Starling bank’s app. You could easily access your account through the marketplace within Starling bank’s app. The procedure is transparent, …

Wealthify is definitely a well set out SCAM that may be hard to see from the surface but trust me it is. I’ve looked well into it and all I can say is stay far far away from it if you don’t want to be more poor over time instead of more …

Managed to lose me 0.8% of my fund and still going down. I am fully aware that investments go up and down but Wealthify keep emailing me saying they are amending my fund to maximise growth but I just lose even more every time they do it.
Keep well away from this company

The worst company! AVOID!! I have lost £700 in 2 years and everytime my money goes up they change it so I lose money!!! Avoid!!

Avoid! They have currently lost me 10% of my investment. I appreciate the value will rise and fall but out of all my investments this is the only one down and down considerably. Every change they make to my plan results in more losses. The …

So far not had any problems with wealthify it’s easy to use and as covered all information and clearly shows you where your cash as been invested and updates you regularly on what transactions have been made ,I think if you’re going to …

Easy to open an account, use the app, and the investment updates are informative and helpful. While Wealthify is relatively new it’s up there with the more established investment platforms.

Nice product and app, support team that takes over a month to retrieve simple information and even then are incredibly unhelpful make it a difficult experience to recommended

Ignore the majority of the 1* reviews, they show a lack of the basic understanding of how investments on the stock market work. It’s quite obvious that their investments would have decreased in the current climate…

Not had it long almost 4 % down looking at pulling out. Think carefully before investing. …

Great platform for the novice investor. App’s very easy to use and exceptional customer service via live chat… I’ve seen my money grow very healthily as well which always helps!

Simple to get started and navigate the app. Investments have delivered a fairly decent return – better than leaving in a savings account but of course this can change (that is the risk you have to be prepared for).

Good service, very easy to change plan and transparent.

Decided to give them a chance after reading the bad reviews… They constantly buy and sell. They are not investing your money; they are trading it and they are pocketing whatever profits they make. Go elsewhere.

Early communications highlights an inability to get the initial onboarding stages right. A sign of what to expect in the future. Will increase my kids investments at Fidelity! Keep your poor service and all that comes with it.

Been using for 11 months now, no issues, easy to use and customer service spot on. No reason to rate any lower than 5*

The app is buggy. Unable to attach files to messages.

From my experience Wealthify is looking like a scam. Seems to me, they are making money, I’m not. Fortunately I ‘invested’ only a very small amount, but it is losing money.

Do it yourself. Currently down just under 9% with my money invested in the lower risk category. Terrible company with terrible investments and high fees.

Decent platform, making investing easy. Shares go up and down, as expected, but confident in the security of my money and the overall trend going up…I hope 😉

Online services and app are not very user friendly. You have to go round in circles quite a bit to get where you want to be and the dashboard isn’t a great layout.

Would’ve made more money if I just put my money under my bed instead of investing with these lot.

An excellent company you can have confidence in. A*!

Great thank you