Hargreaves Lansdown

Uks No1 investment platform for private investors

Hargreaves Lansdown has a huge amount to offer for any type of any investor. The great thing about HL is the amount of information you have at your fingertips. You have anything from the currency market to investment articles available on their website. With each stock or fund they have available on their platform you have a large range of information available on that stock/fund. The counter to having all this information available at your fingertips is the platform fee which you have to pay, but in my opinion it is well worth the platform fee.


With HL they offer a wide range of funds, with so many available and having so many clients on their platform they are able to negotiate with the fund managers and get a reduced price on their fund fees.

The biggest downside of the platform is the £12.50 fee for trading stocks (Trading funds is free), with this fee you have to make larger investments to reduce the impact of that initial fee.

One of my biggest likes about HL is the portfolio breakdown, at any time you are able to select a button and you can download a PDF where it describes how your portfolio is made. The list of how it breaks down is as follows: Funds/shares, the type of allocation, Geographic heat map, regional x-ray, top holdings and sector allocation. With all this information so easily available it helps balancing the portfolio.

 

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