Will IFA-owned platforms take over the financial advice sector?

Adviser-owned platforms have risen in popularity in recent years but are they really likely to take over the financial advice sector? While adviser-owned platforms offer a "compelling" option for some firms, they are unlikely to overtake traditional retail platforms, according to Nucleus chief commercial officer Mike Regan. Speaking to Professional Adviser, Regan says an increasing number of larger advice firms are considering moving into the platform space as they look to take greater control of the end-to-end client experience. However, he warns that firms require scale to run a pla...