Platforms evolving to offer financial advisers more services

The Next Platform Shakeout report found that platforms were evolving to support regulatory compliance and operational efficiency, with the most successful versions offering a discretionary managed portfolio service, such as AJ Bell and Quilter. NextWealth said financial advisers in larger firms were showing interest in cashflow planning, performance reporting and back-office/ CRM, "reflecting a desire for deeper integrations with existing tools". Nearly half (47%) of advisers said they would consider a platform service with cashflow planning, whilst nearly a third (29%) are currently ...