More advisers use multiple platforms as 'digital-first shift' continues

Asked 661 advisers

Jenna Brown
clock • 2 min read

A third of advisers (31%) use three different platforms to manage client assets, Coredata research has found, up from 27% last year.

The survey of 661 advisers, conducted in June, also found 5% of advisers use seven platforms, up from 3% in 2020. Some 15% of respondents added they were looking to increase the number of platforms they use, up from 13% the previous year. The firm's annual platform study showed almost half of advisers (44%) are set to increase business on their main platform over the next 12 months and advisers are using platforms more frequently with 71% using them on a daily basis. Coredata said the "buoyant" platform sector had benefitted from the shift to digital-first advice models. Founder an...

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