Standard Life/Aberdeen deal - What happens to the platforms?

Platforum and the lang cat discuss

Tom Ellis
clock • 3 min read

Among the many resources coming together in the Standard Life/Aberdeen 'mega merger' are three separate retail platforms that will soon exist under one exceptionally large metaphorical umbrella. So what will become of Standard Life's Wrap, its lately-acquired Elevate and the Aberdeen-owned Parmenion platform?

All the focus of the merger so far has been around how these two big beasts of asset management will come together to create, well, one even bigger beast - and that is understandble enough. For those interested in the retail space, however - and you would suspect there are a fair few of us - it is important to unpick what could happen to the three retail investment platforms affected by the deal. Aberdeen's Parmenion platform is a slightly different proposition to Standard Life's Wrap and Elevate platforms, focusing on holding model portfolio services in the main. As such, the lang ca...

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 Companies

Inside a family MBO: How this adviser and his brother took over their father's firm

Inside a family MBO: How this adviser and his brother took over their father's firm

Sean Standerwick runs MLP Wealth alongside his brother

Isabel Baxter
clock 22 May 2026 • 1 min read
Ex-London Capital & Finance CEO jailed for breaching SFO restraint order

Ex-London Capital & Finance CEO jailed for breaching SFO restraint order

Michael Thomson jailed for six months

Isabel Baxter
clock 21 May 2026 • 2 min read
AAB Wealth acquires two advice firms

AAB Wealth acquires two advice firms

Jane Smith Financial Planning and BpH Wealth to join

Sophia Panayi
clock 21 May 2026 • 2 min read