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Took away 'discretionary' as there was too much information in the opening line - we go on to cover 'discretionary' later in the copy
Updated company information about Nutmeg - in line with the company's tone of voice and Nutmeg website copy.
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'''Nutmeg''' is an online investment management company based in [[London]]. <ref>{{Cite news|url=https://www.bankingtech.com/2017/06/investcloud-brings-fintech-incubator-to-london/|title=InvestCloud brings fintech incubator to London|work=FinTech Futures|access-date=2018-05-18|language=en-gb}}</ref>The company was founded in April 2011 and is registered in the United Kingdom as '''Nutmeg Saving and Investment Limited'''.<ref>[http://data.companieshouse.gov.uk/doc/company/07503666 Nutmeg Saving and Investment Limited] ''Companies House''</ref>
'''Nutmeg''' is an online investment management company based in [[London]]. The company launched to the public in September 2012 and is registered in the United Kingdom as '''Nutmeg Saving and Investment Limited'''.<ref>[http://data.companieshouse.gov.uk/doc/company/07503666 Nutmeg Saving and Investment Limited] ''Companies House''</ref>


Nutmeg offers an intelligent online [[Discretionary Investment Management|discretionary investment management service]], regulated by the [[Financial Conduct Authority]] and backed by world-renowned shareholders. The investment team builds and manages professional portfolios tailored to clients’ investment goals and aligned to their appetite for risk.
Nutmeg is an online investment management company (discretionary meaning that it makes all investment decisions on behalf of its customers, rather than providing a platform for people to trade on).<ref>[http://www.ftadviser.com/2012/05/09/training/adviser-guides/q-what-is-a-discretionary-fund-manager-gLSZz1HABFwBVAPcWdwy7N/article.html Discretionary Fund Manager] {{webarchive|url=https://web.archive.org/web/20141028002717/http://www.ftadviser.com/2012/05/09/training/adviser-guides/q-what-is-a-discretionary-fund-manager-gLSZz1HABFwBVAPcWdwy7N/article.html |date=2014-10-28 }} ''The Financial Times''</ref> The company invests customers’ funds in line with their investment goals and appetite for risk. It invests in listed securities, debt, cash, commodities and other investment asset classes, primarily, but not exclusively, via exchange-traded funds (ETFs). It provides an online alternative to stockbroker platforms where customers make their own trading decisions.


The company builds fully diversified, globally invested portfolios comprising of listed securities, debt, cash, commodities and other investment asset classes, invested via [[exchange-traded funds]] (ETFs). It provides an online alternative to stockbroker platforms, where customers make their own trading decisions.
Nutmeg provides investors with online access to investment management taking their inspiration from the tech world rather than the financial sector.<ref>[http://www.ft.com/cms/s/0/414e6a46-48a1-11e3-8237-00144feabdc0.html#axzz31sO9HBVC Nutmeg mission statement] ''The Financial Times''</ref><ref>[https://www.standard.co.uk/businessconnections/articles/growth-capital-nutmeg-tech-take-wealth-management-lets-you-start-just-%C2%A31000-16801 Tech World Inspiration] ''London Evening Standard''</ref>

Customers can start with as little as £500 for an ISA, GIA and pension, or £100 for a Lifetime ISA. They can either “own the benchmark” via one of five passive fixed allocation portfolios or invest in one of ten actively managed portfolios. Nutmeg also offers a range of managed socially responsible portfolios.  

Nutmeg provides investors with online access to [[financial advice]] and [[investment management]] services. The company is a [[fintech]] (fintech meaning a combination of ‘financial technology’).  

Nutmeg have a public [[blog]] called ''Nutmegonomics''. The blog posts cover investing news, updates and opinions from the Nutmeg team, with new content added on a regular basis.


== History ==
== History ==

Revision as of 10:27, 24 January 2020

Nutmeg Saving and Investment Limited
Company typePrivate
IndustryInvestment Management
Founded2011
FounderNick Hungerford Edit this on Wikidata
HeadquartersVauxhall, London, UK
Key people
Martin Stead, CEO
Craig Anderson, Chairman
Websitewww.nutmeg.com

Nutmeg is an online investment management company based in London. The company launched to the public in September 2012 and is registered in the United Kingdom as Nutmeg Saving and Investment Limited.[1]

Nutmeg offers an intelligent online discretionary investment management service, regulated by the Financial Conduct Authority and backed by world-renowned shareholders. The investment team builds and manages professional portfolios tailored to clients’ investment goals and aligned to their appetite for risk.

The company builds fully diversified, globally invested portfolios comprising of listed securities, debt, cash, commodities and other investment asset classes, invested via exchange-traded funds (ETFs). It provides an online alternative to stockbroker platforms, where customers make their own trading decisions.

Customers can start with as little as £500 for an ISA, GIA and pension, or £100 for a Lifetime ISA. They can either “own the benchmark” via one of five passive fixed allocation portfolios or invest in one of ten actively managed portfolios. Nutmeg also offers a range of managed socially responsible portfolios.  

Nutmeg provides investors with online access to financial advice and investment management services. The company is a fintech (fintech meaning a combination of ‘financial technology’).  

Nutmeg have a public blog called Nutmegonomics. The blog posts cover investing news, updates and opinions from the Nutmeg team, with new content added on a regular basis.

History

Nutmeg was founded in 2011 by Nick Hungerford and William Todd. Major shareholders include Timothy Draper, Daniel Aegerter via Armada Investment[2] Nigel Wray, John Kay, R Todd Ruppert, Balderton Capital, Schroders, Sir Charles Dunstone, Michael Spencer and Pentech Ventures.[3] Hungerford served as Chief Executive Officer until he was replaced by Martin Stead in May 2016.

Nutmeg had over 50,000 customers and managing over £1B billion of assets under management as at December, 2017.

Personnel

Key personnel within the organisation include Craig Anderson (Chairman), Martin Stead (CEO), Neil Alexander (CFO), Matt Gatrell (CTO), Darragh Geraghty (Chief Risk and Compliance Officer), Shaun Port (Chief Investment Officer), Lisa Rodwell (Chief Customer Officer). Board members are:[4] Daniel Aegerter (Chairman), Stephen Clark, Nick George, Tim Bunting, Nick Hungerford, Martin Stead, Neil Alexander, Shaun Port and Johnny Chen.

Operations

Nutmeg’s investment division manages customer assets. It primarily uses Exchange-traded funds (ETFs) as their vehicle for investing customers’ funds.

Awards

Nutmeg has been the recipient of several Industry awards to date, including:

  • Your Money Award 2018 - Best Online Stocks & Shares ISA Provider.
  • Your Money Award 2017 - Best Online Stocks & Shares ISA Provider.
  • Your Money Award 2016 - Best Online Stocks & Shares ISA Provider.
  • Your Money Award 2015 - Best Online Stocks & Shares ISA Provider.
  • Good Web Guide Awards 2014 – Website of the year[5]
  • eCommerce Awards for Excellence 2014 – Best Consumer Finance eCommerce[6]
  • Euromoney Awards 2014 – Innovations in Wealth Management Technology[7]
  • Growing Business Awards 2013 – Digital Champion[8]
  • Financial World Innovation Awards 2013 - 1. Innovation in customer proposition and product design 2. Investments and Innovation in the delivery of financial products[9]
  • Financial News 2013- 40 under 40 Rising Stars of Asset Management[10]
  • BVCA Management Team Awards 2014 – Best for Innovation[11]
  • Wealthbriefing European Awards 2014 – Winner – INNOVATIVE CLIENT SOLUTION[12]
  • Fstech Awards - Winner - Best Use of Online Services[13]
  • FinTech50 2014 – Named as one of the 50 most innovative and disruptive brands in financial technology for 2014[14]
  • Finovate Europe 2012 – Winner Best Of Show[15]

References

  1. ^ Nutmeg Saving and Investment Limited Companies House
  2. ^ Armada Investment Armada.com
  3. ^ Pentech Ventures Pentechvc.com
  4. ^ https://www.nutmeg.com/about/nutmeg-board
  5. ^ [1] thegoodwebguide.co.uk
  6. ^ "Archived copy". Archived from the original on 2015-02-19. Retrieved 2015-02-06.{{cite web}}: CS1 maint: archived copy as title (link) ecommerceexpo.co.uk
  7. ^ [2] euromoney.com
  8. ^ Growing Business Awards 2013 – Digital Champion Realbusiness.co.uk
  9. ^ Financial World Innovation Awards 2013 - 1. Innovation in customer proposition and product design 2. Investments and Innovation in the delivery of financial products Archived 2013-09-17 at the Wayback Machine Fwia.ifslearning.ac.uk
  10. ^ Financial News 2013- 40 under 40 Rising Stars of Asset Management Efinancialnews.com
  11. ^ BVCA Management Team Awards 2014 – Best for Innovation Archived 2014-06-04 at the Wayback Machine bvca-mta.com
  12. ^ Wealthbriefing European Awards 2014 – Winner – INNOVATIVE CLIENT SOLUTION Wealthbriefing.com
  13. ^ Fstech Awards - Winner - Best Use of Online Services Fstech.co.uk
  14. ^ FinTech50 2014 Fintechcity.com
  15. ^ Finovate Europe 2012 – Winner Best Of Show Archived 2014-06-29 at the Wayback Machine Finovate.com
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