Online investment service Moola, which is partnered by BlackRock and Winterflood, has been fully authorised by the Financial Conduct Authority (FCA).
Available to investors from January 2017, Moola aims to help financial advisers offer a simplified service to customers they are unable to service traditionally, with a view to saving time and resources while a client bank pipeline is "incubated". It will offer initial online risk-profiling and investment suggestions, with advisers monitoring markets to ensure the appropriate investment products are available. The service will run in partnership with tech provider eValue, which will power the platform; Winterflood, which will hold client money; and BlackRock, which will supply resear...
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