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OpenMoney: Financial Advice reviews

Name: Financial Advice
Rating: 4.8 (167 reviews)

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4.80

Based on 167 reviews, last reviewed 11th Apr 2023

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

82%

16%

2 star

1 star

Latest highest rating:

5

Very user friendly Very user friendly. Great explanations of all the steps of the process. Reviewed on: 14th February 2023

Latest lowest rating:

N/A

This product has not received a review of either 1 or 2 stars.

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About this product

OpenMoney Financial Advice reviews (167)

Review of the OpenMoney, Financial Advice:

Great for beginner s&s savers

OpenMoney provides a good service for those new to the world of saving with stocks and shares. It introduces you to the idea of risk tolerance and is clear about what stocks your cash has been invested into. While not perfect they are improving their transparency and clarity constantly. Reviewed on: 23rd February 2021

Well meaning, but not for everyone

My suitability for OpenMoney's services was perhaps lower than it might have been - as an ISA customer, all I was really interested in was monitoring and contributing to my savings. I finally took advantage of the financial advice service, and was underwhelmed by the offering. For my purposes, neither the adviser nor I could see any concrete value from the conversation. The opportunities around house purchasing were interesting, but beyond that, for day-to-day ISA and savings, it's hard to justify the higher fees when the advice is equivalent to readily available online content. Reviewed on: 11th April 2023

Very user friendly

Very user friendly. Great explanations of all the steps of the process. Reviewed on: 14th February 2023

Open Money

Excellent communication with customers and quick to respond to service requests Reviewed on: 6th February 2023

Brilliant place to invest with

Easy to set up and already made some money. Reviewed on: 3rd February 2023

Simple Easy-to-Understand Investing

As someone who was new to investing, I found OpenMoney easy to use and their advice helpful when I initially invested with them. I have already recommended them to a friend. Reviewed on: 3rd February 2023

Customer care

Well informed and keeping me updated and great customer care Reviewed on: 1st February 2023

Good for long term investment

Good for long term investment and very helpful Reviewed on: 1st February 2023

Great Customer Service & Advice

Highly recommended. Always so useful to receive helpful advice from someone. Peace of mind. Reviewed on: 20th January 2023

Advisers who care

The platform is clearly designed to be simple and easy-to-understand and it works. On top of that, being able to speak to a human adviser as often as you want, at no extra cost, seems almost too good to be true. Reviewed on: 19th January 2023

Down to earth advice

Always give sensible advice talking me through my options Reviewed on: 18th January 2023

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