True Potential secures FSA go-ahead for wrap

Scott Sinclair
clock

IFA support services provider True Potential has secured FSA authorisation to launch a wrap platform in the first quarter of the year.

The company announced in December plans to launch a wrap which it promised would be "truly differentiated" from other offerings in the market. It registered True Potential Platform and Investment Strategies, the limited liability partnership under which the wrap will sit, on 5 January. Managing partner David Harrison says the company, which also has an IFA arm, already has the back-office capability to integrate with the new platform. He adds the profitability of the business stands it in good stead to build what he hopes will be a "market-leading" proposition. Unaudited account...

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 Wrap/platforms

Advised platform AUM tops £711bn in Q3 with new business hitting 'all-time highs'

Advised platform AUM tops £711bn in Q3 with new business hitting 'all-time highs'

Headed towards a ‘record-breaking year’

Jenna Brown
clock 06 November 2025 • 2 min read
Embark 'working to resolve delays' after advisers flag transfer backlogs

Embark 'working to resolve delays' after advisers flag transfer backlogs

One client was unable to complete £400,000 pension transfer for over two months

Sahar Nazir
clock 03 November 2025 • 3 min read
Platform innovation: Terry Huddart on 7IM's Online Reporting

Platform innovation: Terry Huddart on 7IM's Online Reporting

'It's a fundamental upgrade to the client area of the platform'

Terry Huddart
clock 24 October 2025 • 6 min read