Platforms: cost top priority for advisers

clock

More than a quarter of advisers cite cost as the most important consideration for platform implementation, according to research.

A survey of 1,245 advisers by CoreData found 26.4% thought platform and fund manager costs were the industry's most pressing issue, ahead of products, range of tools and services, brand, ownership structure, ability to white label and other potential influences. In terms of adviser satisfaction with their main platform, the study found that a combination of service (23.0%), functionality (20.0%) and support (19.7%) account for about two thirds of adviser satisfaction with the platforms they use. Reporting capability, which has little influence on adviser satisfaction with their main p...

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

How does a Model B platform work and what are the differences with other models?

How does a Model B platform work and what are the differences with other models?

Mark Rendle explains how a 'Model B' platform works and how it differs from other models...

Mark Rendle
clock 09 July 2026 • 4 min read
Platform functionality: Beware change for change's sake

Platform functionality: Beware change for change's sake

'It's all too easy to end up in the realm of bolt-ons and fripperies'

Steve Andrews
clock 26 June 2026 • 4 min read
Vanguard UK Platform Awards – Last day to vote

Vanguard UK Platform Awards – Last day to vote

Last chance to vote across several categories

Clive Waller
clock 26 June 2026 • 1 min read