The direct to consumer platform market is "taking off" as the lines between D2C and adviser-led models blur, says The Platforum.
At a briefing today to coincide with its first-ever research into the D2C platform market, The Platforum says the industry now boasts more than £65bn in assets under administration with an estimated 2.5 million UK accounts. "The D2C market has now developed to the stage there is no doubt it exists and it is undoubtedly important," says Lucian Camp of Lucian Camp Consulting and co-author of the research. "This is just taking off so let's get on with it." Included in the rather loosely-defined D2C space are IFA-brand platforms, fund manager platforms and execution-only stockbrokers, alo...
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