Intelliflo: 'Direct competitors should be concerned'

'More firepower'

Tom Ellis
clock • 2 min read

Intelliflo's direct competitors should be concerned about its access to "far more firepower" than it had available before its purchase by global fund house Invesco, Nick Eatock has warned.

Speaking to Professional Adviser, Intelliflo's executive chairman was bullish about the technology software provider's future under its new owners. "The reality is we have access to far more firepower than ever before," he said. "The people I would be concerned about would be our direct software competitors because, as I said, we now have far more access to investment and far greater ambitions." Asked what investment and commitments Invesco has pledged to Intelliflo, Eatock described its plans going forward as "pretty significant". "This is the best possible news UK advisers could ...

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 Technology

AJ Bell launches mobile-first adviser platform to tackle advice gap

AJ Bell launches mobile-first adviser platform to tackle advice gap

AJ Bell Touch aims to offer secure advice delivery for lower-value clients

Sahar Nazir
clock 23 June 2025 • 2 min read
Most advisers ready to 'break up' with their CRM systems

Most advisers ready to 'break up' with their CRM systems

Adviser/ CRM system relationships ‘under serious strain’, Twenty7tec finds

Isabel Baxter
clock 17 June 2025 • 3 min read
'In the AI era, neurodivergence is more valuable than ever'

'In the AI era, neurodivergence is more valuable than ever'

'The design and training of AI systems inherently favour consistency and predictability'

Phillip Wickenden
clock 16 June 2025 • 5 min read