Company Information

Get to know Nutmeg

Founded in 2011 and launched in 2012, Nutmeg was a pioneer in the UK's digital wealth management sector. Its mission was to make investing more accessible and straightforward for a broad audience by using technology to create and manage diversified investment portfolios at a lower cost. In June 2021, J.P. Morgan announced its acquisition of Nutmeg to form a key part of its new digital bank offering in the UK, under the Chase brand. Following the acquisition, Nutmeg's products and services have been integrated into Chase, and the original Nutmeg brand and platform are being officially closed to customers in early 2024 as all accounts are migrated to the Chase platform.

Industry

Financial Wealth ManagementPRIMARY
Financial Other Service

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Nutmeg

United Kingdom

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.