Moneyfarm - Guidance v Advice?
Moneyfarm - Guidance v Advice?
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Discussion

bitchstewie

Original Poster:

67,260 posts

239 months

Sunday 15th September 2024
quotequote all
I saw these mentioned in this weekends Monevator email update.

https://www.moneyfarm.com/uk/

Looks an interesting proposition around "guidance" rather than "advice".

Has anyone used them?

mikeiow

8,142 posts

159 months

Sunday 15th September 2024
quotequote all
bhstewie said:
I saw these mentioned in this weekends Monevator email update.

https://www.moneyfarm.com/uk/

Looks an interesting proposition around "guidance" rather than "advice".

Has anyone used them?
No, but that kind of concept was what many here enjoyed with IM for some time, & now can continue with Cobens.

It feels to me ideal for those who are reasonably savvy & confident with managing their own money. If you have a fair plan but would like someone at fait with finances to look over it, I think it makes a lot of sense.

So no idea who is behind Moneyfarm or who the people are. More than happy with where our money is.

alscar

9,573 posts

242 months

Sunday 15th September 2024
quotequote all
mikeiow said:
bhstewie said:
I saw these mentioned in this weekends Monevator email update.

https://www.moneyfarm.com/uk/

Looks an interesting proposition around "guidance" rather than "advice".

Has anyone used them?
No, but that kind of concept was what many here enjoyed with IM for some time, & now can continue with Cobens.

It feels to me ideal for those who are reasonably savvy & confident with managing their own money. If you have a fair plan but would like someone at fait with finances to look over it, I think it makes a lot of sense.

So no idea who is behind Moneyfarm or who the people are. More than happy with where our money is.
Not heard of them but tend to agree with the above.
Moneyfarm seems to have been going for a decade plus and seems Italian driven and a leaning towards app usage perhaps ?