Wealthify is now a wholly owned, independently run subsidiary of the Aviva Group.
In Brief:
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The investment platform was launched in 2016.
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It now has 40 staff, 30,000 customers and a range of products including ISAs and General Investment Accounts.
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Aviva has been the majority owner since 2018.
What does this mean?
When Aviva invested in Wealthify, the founders got the option to sell their remaining shares to Aviva – this has now been exercised. As part of the deal, CEO Richard Theo has stepped down to be replaced by Aviva’s Andrew Russell. However, CIO and COO Michelle Pearce-Burke has stayed on.
