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ARTICLE · 26 JULY 2017

Guernsey-Backed Wealthify Reports Huge Growth In First Year

Guernsey-connected online investment business Wealthify is experiencing huge growth thanks to its innovation, according to its directors.

GuernseyWealth Management
Richard Avery-Wright
Richard Avery-Wright
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Guernsey-connected online investment business Wealthify is experiencing huge growth thanks to its innovation, according to its directors.

Wealthify is an online investment platform that enables anyone to become an investor. It provides a level playing field and access to diversified investment portfolios for people who might have traditionally found it difficult to allocate relatively small amounts of savings efficiently.

It was launched in April 2016 with significant financial backing and operational expertise from Guernsey. It now has more than 5,000 customers and the rate of growth of assets under management is accelerating, having already doubled every few months.

Chairman Richard Avery-Wright, also of Guernsey-based asset management company RAW Capital Partners, said the rapid growth was due to a great idea, a fantastic team and launching it at the right time.

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