Why MyNetwealth was launched and how it can transform financial lives

Having all the right information is key to building a successful financial plan for the future. However, the challenges to obtaining this information is why we set up MyNetwealth – a unique service in the UK to help investors track all their investments in one place and make informed planning decisions around their wealth and what it can do for them.

We all need more clarity when it comes to our finances

The uncertainty caused by the pandemic, the war in Ukraine and high inflation has made it especially tricky for investors to plan ahead with confidence. Conflicting media commentary and excessive market noise hasn’t made it any easier.

Keeping track of different savings and investments, from diverse providers, is often all but impossible under normal circumstances, even with some form of personal list or spreadsheet to understand your total wealth.

And these records typically lack two powerful features: the ability to track the value of assets over time and the sophistication to project wealth forward and relate it to what you want to achieve in the future.

Gaining greater visibility and control

MyNetwealth solves the dual issues of tracking all your wealth daily, and seeing whether its projected growth is sufficient for your future plans.

Register at MyNetwealth.com to track your investments and their changing values, regardless of provider, via the Wealth Tracker.

You also benefit from a more comprehensive overview. For instance, the Wealth Tracker lets you see the total percentage you have invested in each asset class across all your accounts, so you can check whether your overall allocations are as you would want them. You can also see the breakdown by account type, eg, the splits between ISAs, pensions and general investment accounts.

The Wealth Planner can then be used to provide a detailed personalised projection of your wealth through time and your likely income in retirement – in just a few minutes.

This much-needed service is designed for how we live today: aimed at time-poor individuals who value accessible, accurate and up-to-date information about their holdings so they can make better decisions about their futures.

See a range of potential outcomes for your wealth, with expert advisers on hand to help.

MyNetwealth also helps investors to be better informed through free webinars and articles in our Learn section – with personal finance, market and economic analysis from the Netwealth team of specialists.

In addition, we are offering the option of a low cost ‘financial planning MOT’ with a Netwealth adviser. This may suit those who are not seeking full-blown regulated advice but would like to discuss their financial plans more formally.

An evolution of our wealth management service

MyNetwealth naturally adheres to our founding company principles: to use pioneering technology to give investors a better deal, with relevant choices, greater transparency and more control over their money.

And it can also complement any other investment or wealth management service you may already use. If your overall investment position is a little hazy now, and you would value having a clearer view of your finances, try out this free service and see the difference it could make.

Please note, the value of your investments can go down as well as up.

Netwealth offers advice restricted to our services and does not provide independent advice across the market. We do not offer advice in relation to tax compliance, personal recommendations with regards to insurance and protection, or advise upon the transfer of defined benefit pensions.

About Netwealth
Netwealth is a modern wealth manager, pioneering a hybrid model that combines human expertise with powerful technology.

Netwealth was launched in 2016 by CEO Charlotte Ransom, a former partner at Goldman Sachs, and COO Thomas Salter, a former managing director at JP Morgan, to deliver a more transparent, cost-effective, and superior service to affluent and high net worth clients.

Netwealth offers clients the unique combination of a highly qualified team, a powerful online service underpinned by a robust investment framework and access to professional advisers. Netwealth runs portfolios in three currencies: sterling, euro and US dollar. Sterling-based clients have the option to invest in Netwealth’s core investment portfolios or in Socially Responsible Investment (SRI) strategies. Having raised £45 million in fundraising to date, Netwealth has a number of high-profile individual backers.

Netwealth’s Board of Directors includes Chairman, Edward Bonham Carter, former Group CEO and Vice Chairman of Jupiter Fund Management, and Non-Executive Director Michael Hartweg, an entrepreneur, investor and Founding Partner of Leonteq Securities.
For more information please visit: www.netwealth.com.