Financial advisers have cited capital gains tax (CGT), cash management, reporting noise and control as recurring model portfolio service (MPS) on platform pain points, research has showed.
Morningstar Wealth, in collaboration with The Lang Cat, has published new research - Unlocking the next phase of MPS growth - which explored how effectively platforms and MPS work together. The research consisted of a quantitative survey of 182 advisers, followed by in-depth interviews with 12 practitioners. The survey ran from January to early February 2026, with interviews taking place throughout February. Respondents included in the research cited cost perceptions (39%) and tax complexity (37%) as the primary constraints. "MPS and platform are experienced as a single system," th...
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