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Charlotte Ransom, CEO of Netwealth, commented, “Encouraging people to...set up a flexible life plan to help achieve their goals will be vital to ensure people come out of the pandemic stronger and more financially resilient than before."
Gerard Lyons, Chief Economic Strategist at Netwealth, predicts that we’ll be back to pre-crisis levels of economic activity by the beginning of 2022.
Netwealth chief executive Charlotte Ransom said: “I am delighted to welcome another highly-respected investor in Stuart Rose to our current group of backers...the consistency of support from our other shareholders in this round, shows confidence in our model and recognises the strong progress to date,”
UK “challenger” wealth manager Netwealth has completed its fourth round of fundraising with total investment now standing at £38m ($52.5m, €44.6m).
Lord Rose of Monewden, the former Marks & Spencer boss, has become the latest City grandee to invest in Netwealth after he joined an £11.3 million funding round by the wealth management start-up.
Netwealth was co-founded by former Goldman Sachs banker Charlotte Ransom...Ransom said: “..., advice firms began to realise, I think, that Netwealth is a business that is going to be around for a long-time, and they can see the benefit to their clients of our use of technology."
Iain Barnes, head of portfolio management at Netwealth,.. says: “Our primary aim as an investment team is always to align our portfolio construction with the firm’s overall ethos: delivering quality performance in an efficient way."
Charlotte Ransom, the CEO of Netwealth, commented on this: "...having a long-term ‘life plan’ is an important tool to help those currently unsure of how they can still achieve key milestones and financial goals over the course of their life.
