Stuart Reilly, head of Sipp and wrap marketing at Abbey Wealth Management, considers the progress of the wrap market in the light of the results of this month's RealAdviser Inquiry
Those of us - providers and financial advisers alike - who have been committed to the concept of wrap from the beginning, have always held to our view that it will be the future of adviser-led wealth management in this country. Nonetheless, confirmatory evidence is always both welcome and heartening, and the results of RealAdviser's survey provide it in abundance. It also provides some instructive - and possibly cautionary - pointers for providers. According to Forrester's latest forecast, as at April 2006, the UK wrap market is predicted to reach £190bn by 2009 - an average year-on-year g...
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