Five groups control more than half of advised platform assets - the lang cat

'Some way to go' for smaller players

clock • 2 min read
The lang cat's research found that comparing the top half of the sector to the bottom half, the top nine organisations account for 81.6% compared to the bottom nine with 18.4%
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The lang cat's research found that comparing the top half of the sector to the bottom half, the top nine organisations account for 81.6% compared to the bottom nine with 18.4%

Advised platform assets are dominated by a handful of brands, according to the lang cat’s latest annual state of the platform nation guide.

While 18 of the 21 platforms submitting data to the consultancy saw double-digit growth in gross flows in 2021 versus 2020, the smaller players on the list made little headway against the market leaders,...

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