The evolution of platforms continues

wrap platforms

Platforms offer a number of benefits to clients and advisers, principally through consolidation of assets which cuts down on cost and can be beneficial for advisers who charge recurring fees

More and more advisers are choosing to conduct business via a fund platform. The way people do business is a continually evolving process, and right now we are seeing an evolution in the use of platforms with increasing numbers of advisers choosing to go via the platform route. Research shows that this year almost half of advisers conducted over three quarters of their Isa business via a platform. Why are advisers increasingly using platforms? For those already familiar with the benefits a platform can offer an adviser business it comes as no surprise. The upfront attractiveness of consol...