Ascentric assets break £2bn barrier

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Assets on the Ascentric platform have passed £2bn with total assets under administration (AUA) surging 75% since the start of the year.

The landmark was reached after a record period of growth for the Royal London-owned wrap. Whilst it took nearly three years to hit the £1bn mark, breaking the £2bn barrier took just 10 months. "We are incredibly grateful for the support we have received from adviser firms and white label clients, who have helped shape and refine our proposition and driven this growth by placing an increasing volume of assets on the platform," says MD Hugo Thorman (pictured). "With RDR driving adviser firms towards technologies that support their client propositions, we are well set to grow our share o...

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