Digital wealth manager Scalable Capital is now providing advice conducted by its financial advisers for a fixed fee of £200 ($276).
The enhanced service entails providing both existing and new clients a “comprehensive financial assessment of their situation,” conducted by one of their financial advisers.
Clients can arrange an initial meeting levied at no cost with the adviser. After the initial free consultation that determines whether or not the service is suited to the specific needs of the investor, clients can book a session with an adviser for a fixed sum of £200.
Scalable Capital’s co-founder Simon Miller, said: “We are experiencing increasing demand for our risk-managed investment solution from wealthier clients who have more complex financial situations and who told us they would be keen to use such a service.
“At the same time, we wanted to make sure that our offer was priced such that clients without a high 6-digit-investment would also find it attractive.”
The wealth management firm also said Miller will become the new CEO for the company’s UK business after working as its COO for last year due to “strong international growth” and a successful partnership with German firm ING-DiBa since September 2017.
The company has 20,000 clients across Europe and is managing assets of over £600m mainly in UK, Germany, Austria and Switzerland.