Platform MPS swells its share of wealth management assets

This is more than doubling in proportion over the last five years, its latest UK Wealth Management: Platform MPS report has revealed. The UK's platform MPS market had a compound annual growth rate of 27% over the last five years. This follows other Platforum research which discovered that platform MPS now amounts to nearly a fifth (20%) of wealth management market assets excluding St. James's Place (£927bn as at 31 December 2024). Third-party model portfolios are financial advisers' most recommended investment strategy, accounting for 29% of advised assets. Competing investment str...