Quilter platform Old Mutual Wealth (OMW) has completed the second phase of its platform migration.
Around 2,000 advice firms including all network firms supported by Quilter Financial Planning. Quilter were transferred to the firm's new platform at the weekend which is now live for advisers and customers. Around three-quarters of the assets of its platform from 2,000 advice firms were moved in the switch, about £45bn worth. The Old Mutual Wealth platform originally told advisers back in September that the second migration of assets to its new technology was to go ahead on 22 October, but was pushed back due to the disruption from Covid-19, the company said. The final migra...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
