Moneyfarm has won ‘Digital Wealth Management Provider of the Year’ at the 2023 Moneyfacts Consumer Awards held this week (8 February) at the Royal Lancaster in London.
The Moneyfacts Consumer Awards are a coveted industry prize as they are well known throughout the financial sector. There are 31 financial services categories, including mortgages, banking and insurance among others.
The awards process is a rigorous one and winners are chosen after a unique combination of independent expert analysis and survey results through consulting over 110,000 people. Moneyfarm beat competitors Moneybox and Vanguard who were respectively awarded ‘Highly Commended’ and ‘Commended’.
Moneyfarm’s latest award win comes shortly after its Medium Portfolio was named ‘Best Investment ISA – Medium Portfolio’ at the YourMoney.com Investment Awards 2023. Moneyfarm’s other awards include 2019 it won ‘Best Direct SIPP Provider’ and in 2018 it won ‘Best Online Direct to Consumer Investment Platform’.
Chief Executive Giovanni Daprà said: “We’re thrilled to be recognized by Moneyfacts’ Consumer Awards so soon after winning Best Investment ISA – Medium Portfolio at the YourMoney.com Investment Awards. Our products and services have been scrutinised by leading experts in the industry and by people that invest in our products and they’ve awarded us the top spot in these respective categories.
“Winning this Moneyfacts award is all testament to our hard work and dedication as well as our ambition to offer customers the best in class, easily accessible financial products. Our aim is to continue to meet this high standard.”
Matt Bradfield, Website Editor at Moneyfacts.co.uk said: “The Moneyfacts Consumer Awards recognise those banks, building societies, insurers and financial service providers that are the absolute best in their respective categories.
“We congratulate all of the winners and those that have been commended and highly commended and thank the almost 200,000 consumers that shared their views with us about the best brands for customer service during the past 12 months.”
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