More than 40% of advisers considering using own platform - research

'Chunky minority'

Sophie King
clock • 2 min read

More than two-fifths (44%) of advisers are considering using their own platform, research conducted by Seccl and the lang cat has found.

The findings are part of a new report conducted by the platform tech provider and platform consultancy titled Advisers Assemble: Why more advisers and DFMs are choosing to operate their own platform. It surveyed 161 advisers and found that 89% of firms believe clients hold them at least partially responsible for the service they receive from a platform. Just 2% of firms feel fully in control of their clients' platform experience and 62% said feel they have little to no control over the direction of their platform's development. More than 40% said they often have to change the way they...

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