AJ Bell has bought Adalpha, a start-up company developing a mobile platform proposition for financial advisers, for an undisclosed fee.
AJ Bell said the acquisition was focused on improving its service to financial advisers, rather than its D2C proposition. The platform business, which has £55bn assets under administration between its...
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Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers