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Asset Management

Nutmeg CEO steps down after JPMorgan takeover: ‘I am now taking some time out’

Neil Alexander's LinkedIn profile was updated to 'taking a break,' and lists him as 'self-employed'.

Neil Alexander is no longer a director at Nutmeg, ushering in a new era for JPMorgan's ownership
Neil Alexander is no longer a director at Nutmeg, ushering in a new era for JPMorgan's ownership

The boss of the UK's largest digital wealth manager Nutmeg has stepped down following the firm's buyout by JPMorgan.

A pioneer in the 'robo-advice' market, Nutmeg was acquired by JPMorgan for a reported £700m last June, adding wealth management services to bolster the US giant's nascent digital banking brand in the UK, Chase.

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