Choose a compatible wrap

technology

Some back office systems already offer some of the benefits of wraps, so advisers should choose wraps that offer additional services and integrate with their back office systems

Wrap has been seen as part of an evolution whereby advisers shift their approach from being product driven to being more advice focused. But if you talk to a lot of advisers you will hear an increasing majority already claim that they are service professionals and not product shifters. So does wrap really offer anything new? Wrap certainly offers a different and varying perspective on conducting business and providing advice. Some people think it's about technology, others believe it's a new type of financial product and there are those who think it's about administration. The reality is ...