David Ferguson: Where now for platforms?

clock

Firstly I'd like to wish you all a very happy New Year. It hardly seems like a few hours since the end of the last Millennium, but already we are into its second decade.

I'm not sure how one might characterise the 'noughties but I'm guessing they will be most remembered for the nonsense of Y2K, the rise of terrorism against the west, extraordinarily appalling television and the financial meltdown. Here's hoping the 'teenies' might fare a little better. From Nucleus' perspective, 2009 was a wonderful year, despite all of the doom and gloom surrounding our sector. We managed to grow our year-end assets by 130% and our revenue by about 140%. I'm not sure we can keep growing our turnover by an average of nearly 7% per month (we were helped by the market reco...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

March 2024: Month in review with deputy editor Jenna Brown

March 2024: Month in review with deputy editor Jenna Brown

Take a look at some of the news and feature highlights of the last month

Jenna Brown
clock 28 March 2024 • 5 min read
Wren Sterling adds £265m in client assets in latest deal

Wren Sterling adds £265m in client assets in latest deal

First advisory firm purchase of 2024 for national financial planner

Jenna Brown
clock 28 March 2024 • 1 min read
Consumer Duty Alliance looks to attract advice industry talent

Consumer Duty Alliance looks to attract advice industry talent

New Talent Alliance will be chaired by M&G Wealth Advice MD Tom Hegarty

Isabel Baxter
clock 27 March 2024 • 2 min read