A decade ago, Nutmeg was founded with an ambitious mission: to democratise wealth management by empowering nations of investors. Through technology innovation, hiring the best and brightest people and always pushing to do things better, we’re transforming an industry to help many more people achieve their financial goals and secure the future they want for themselves and their families.

We first invested in Nick Hungerford and the Nutmeg team in 2014 as we loved the mission of democratising wealth management and the customer-first brand they were building. Over the last seven years it has been a privilege to work closely with Nick, Martin, Neil and their teams in massively expanding their customer base and product range. Their acquisition by JP Morgan is an important step in the journey of making high-quality wealth management accessible to all.

We are building Chase in the UK from scratch using the very latest technology and putting the customer’s experience at the heart of our offering, principles that Nutmeg shares with us. We look forward to positioning their award-winning products alongside our own and continuing to support their innovative work in retail wealth management.