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Investec Click & Invest - closed to new business
george4064
Posts: 2,954 Forumite
Interesting decision here....
I wonder how much AuM they had and where it’s likely to go....
Also would be interesting to hear from any current clients and their feelings about this announcement.
You can read the announcement here: https://marketing.investec.com/ZA/clickandinvest/
Press release here: https://marketing.investec.com/ZA/clickandinvest/Click_&_Invest_16_May_2019_Press_Release.pdf
I wonder how much AuM they had and where it’s likely to go....
Also would be interesting to hear from any current clients and their feelings about this announcement.
You can read the announcement here: https://marketing.investec.com/ZA/clickandinvest/
Press release here: https://marketing.investec.com/ZA/clickandinvest/Click_&_Invest_16_May_2019_Press_Release.pdf
"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
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Comments
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The first of many. (although they may not be the first).
Expectation is that a good number will fail or be taken over. The market is not big enough for the number of players and growth has not been good and what there has been has been bought and unprofitable.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Judging by the posts on here, newbie potential investors with more than £10k to invest and who aren't confident going the DIY route want a human to explain to them what to do - they don't want a website that will invest their money automatically.0
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