MoneyFarm

Online investment advisor From Wikipedia, the free encyclopedia

Moneyfarm is an online investment advisor product that offers a robo-adviser. It is one of the largest digital wealth management companies in Europe, regulated by the FCA[2] (UK) and CONSOB[3] (ITA). The company that owns the product operates as MFM Investment Ltd.

Company typePrivate
IndustryDigital Wealth Management
Founded2011; 15 years ago (2011) in Milan, Italy
Founders
Quick facts Company type, Industry ...
Moneyfarm
Company typePrivate
IndustryDigital Wealth Management
Founded2011; 15 years ago (2011) in Milan, Italy
Founders
Headquarters
Number of locations
3 offices
Area served
Key people
  • Paolo Galvani (chairman)
  • Giovanni Daprà (CEO)
  • Isabelle Pinson (CCPO)
  • Richard Flax (CIO)
  • Emanuele Blanco (CTO)
  • Giuseppe Trettenero (CFO)
Products
Services
  • Investment advice
  • Active portfolio management
AUMIncrease £4.0 billion [1]
Owners
Number of employees
Increase 239
Websitewww.moneyfarm.com
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Company background

Moneyfarm was founded in March 2011 by Paolo Galvani, chairman, and Giovanni Daprà, CEO. In March 2018 Moneyfarm launched digital Sipp a self-invested personal pension.[4] Moneyfarm operates from offices in London, Milan, and Cagliari. Moneyfarm received £96 million in backing from Allianz, Poste Italiane, Cabot Square Capital, and Venture Capital fund, United Ventures.[5]

Product

Moneyfarm creates a profile based on a customer's investment target and risk propensity.[6] Through the product, customers can invest in commodities, real estate, bonds, and stocks. In 2025, a customer must invest at least £500 to use Moneyfarm.[7] It offers investment funds with seven tiers of risk. The company periodically rebalances the investments in a customer's portfolio. Customers can enroll their funds in a environmental, social, and governance program which generally comes up with elevated fees.[8] The product allows customers to manage their own investments or to hire an independent financial advisor.[7]

The Guardian journalist Holly Mead praised the product for making viewing a portfolio's components straightforward. She cited the ability to see how funds are allocated across geographical areas, asset categories, and market segments, along with a clear overview of them.[8]

References

Further reading

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