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People are interested in Nick Hungerford’s net worth in 2023. Nick has been a venture partner at Portage Ventures along with Sagard since 2017. Nick was named one of the “1000 Greatest Londoners” by the Evening Standard and Entrepreneur of the Year by Spears, but it wasn’t always successful. He had to use his credit cards to pay Nutmeg’s first workers and spent a year sleeping on friends and family’s couches.
Nick is passionate about financial education and equality, and is a frequent guest on television and visiting professor at institutions around the world. Nick has spoken at Stanford, Harvard, Oxford, Cambridge and London Business School, as well as appearing on the BBC, CNN, CNBC and Bloomberg. He continue reading to know Nick Hungerford’s net worth in 2023.
Nick Hungerford Net Worth 2023: Salary and Achievements
People are curious about Nick Hungerford’s net worth. Nick Hungerford, founder and chief executive of an online investment company, is estimated to be worth $1bn (£620m). Nick developed Nutmeg, Europe’s most comprehensive online investment management service, and oversaw its growth, $100 million in funding, and speculated on a $1 billion sale to JPMorgan.
Nick is a recipient of the Spears Entrepreneur of the Year award, a member of the European Power 50 and a digital ambassador for the UK Department for International Trade. Nick worked as a divisional director at Barclays across the commodities, trading and wealth management sectors before joining Brewin Dolphin PLC. Nick actively advises and invests in a wide range of technology-driven companies. He was a founding non-executive director of Innovate Finance, which represents the UK’s global fintech industry. Nick now resides in Washington, DC, United States.
Nick has an MBA from Stanford University and a bachelor’s degree from the University of Exeter in the United Kingdom. He is a participant in the Global Entrepreneur Program and a member of the Securities Institute. As a volunteer, Nick teaches entrepreneurship and behavioral finance at many institutions.
Nick Hungerford’s profession
Nick is commonly referred to by CEOs and boards of directors of financial services companies as the “go-to person” and has advised many of the world’s leading banks and asset managers on how to adapt their products and services to appeal to a new generation of clientele. He has also been able to provide leaders of non-financial services companies and government agencies around the world with a new perspective. Nick founded Nutmeg, Europe’s first and largest Robo advisor, as one of the leading fintech and entrepreneurship innovation specialists.
As a pioneer of online “robo” investing, Nick transformed a 300-year-old industry by developing a service that provides private bank-like services to a broader user base. This company originated in a Silicon Valley garage and has now grown to become London’s leading personal investment brand. Nick is currently based in Singapore where he is investing in startups and working with major multinational corporations to digitally reorganize their operations. Fees vary from 0.3% for deposits of £1,000 to £25,000 to 1% for deposits of £500,000 or more.
According to the company, underlying fund fees are generally 0.19 per cent, compared to an average of 1.58 per cent for active funds in the UK. A pickup service is also in the works. For a similar price, investors can set up an Isa or personal pension with the company. However, Hungerford admits that despite multiple attempts to emphasize the benefits of the Nutmeg service over its rivals, convincing investors to switch takes time.
Categories: Biography
Source: Tekmonk Bio, Make Money Blogging
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