About us

SCM Direct was born out of the 2008 Global Financial Crisis and the Founders’ desire to improve investor outcomes, challenge complacent investment thinking, and respect clients by being honest, ethical, and transparent.

We offer investors low-cost access to high-end wealth management without layers of inefficiencies, intermediaries, and hidden fees.

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Awards

Most Innovative Online Wealth Management Firm 2024 - London
Most Innovative Online Wealth Management Firm 2024
Corporate Excellence Awards
UK Financial Services Provider of the Year 2024
UK Financial Services Provider of the Year 2024
Corporate Live Wire Innovation & Excellence Awards
SCM Most Outstanding in Long Term Rewards 2024
Global Business Insight Awards 2024
Best Online Female Wealth Manager 2024: Gina Miller 2024
Best Online Female Wealth Manager 2024
Gina Miller – Corporate Excellence Awards
Global 100 – 2023 - SCM Direct Leading Investment Company 2023 UK
Global 100 – 2023
Accounts
Portfolios

All client money is managed via our Discretionary Portfolio services.  All investments are held in clients’ names and SCM Direct is given the discretion to manage and make the day-to-day investment decisions on that money.

This service is often only available to wealthy high net worth people, or institutional investors such as pension funds.  At SCM Direct all our investors receive this service.

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What our clients say
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Fees - 100% transparent, nothing hidden
0.40%
per annum

SCM annual management fee 0.4%

Plus
0.12%
per annum

Administration & custody fee

Plus
0.15%
per annum

Typical underlying ETF charges

Plus
0.12%
per annum

Estimated trading costs of buying and selling ETFS

Plus
0.06%
per annum

Estimated transaction costs within the ETFS

Equals
0.85%
per annum

Total cost of investing

No performance fees, no adviser charges, no initial charges and no exit penalties.

Fees will vary according to the current selection of ETFs and current levels of trading activity, latest fees shown in all monthly factsheets. The figures above are based on the average fees and charges, weighted by the amount invested within each of the SCM GBP Portfolios as at the end of July 2019. When investing via the Hubwise SIPP, an additional charge is made of 0.1%+VAT subject to a minimum annual charge of £15+VAT and a maximum annual charge of £50+VAT. An additional fee of £125 +VAT applies to any SIPP that is in drawdown.

Fees - 100% transparent, nothing hidden
0.40%
per annum

SCM annual management fee 0.4%

0.12%
per annum

Administration & custody fee

0.15%
per annum

Typical underlying ETF charges

0.12%
per annum

Estimated trading costs of buying and selling ETFS

0.06%
per annum

Estimated transaction costs within the ETFS

0.85%
per annum

Total cost of investing

No performance fees, no adviser charges, no initial charges and no exit penalties.

Fees will vary according to the current selection of ETFs and current levels of trading activity. The latest fees are shown in all monthly factsheets. The figures above are based on the average fees and charges. They are weighted by the amount invested within each of the SCM GBP Portfolios as at the end of July 2019. When investing via the Hubwise SIPP, an additional charge is made of 0.1%+VAT. This is subject to a minimum annual charge of £15+VAT and a maximum annual charge of £50+VAT. An additional fee of £125 +VAT applies to any SIPP that is in drawdown.

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