London
THE flow of clients moving to online wealth management services from traditional banks could increase sharply as wealthy clients focus more on low fees and warm to online advice, the co-founder and CEO of British startup Nutmeg said. "We want you to feel like you're walking into Goldman Sachs with 10 million, even if you're logging on to Nutmeg with £1,000 (S$2,100) to invest," Nick Hungerford said at the Reuters Wealth Management Summit.
Nutmeg, founded in 2012, has 50,000 users and is one...
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