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...

To continue reading this article...

Join Professional Adviser

  • 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.



Already a Professional Adviser member?


More on Your profession

PA Working Lunches: Register now to hear from Schroders

PA Working Lunches: Register now to hear from Schroders

Join us for an informative session worth one hour of CPD

Professional Adviser
clock 24 March 2023 • 1 min read
Goater: "Never underestimate the importance of good record keeping."

A day in the life of an adviser: Guernsey-based Rebecca Goater

PA hears how advisers all across the nation structure their workdays

Hope William-Smith
clock 24 March 2023 • 4 min read
Quilter adviser school revamps qualifications as head exits

Quilter adviser school revamps qualifications as head exits

Julian Hince to ‘pursue career outside Quilter Financial Adviser School’

Jenna Brown
clock 23 March 2023 • 2 min read