UK adviser platform market reaches £862bn in AUA

Currently 32 platforms from 27 providers operating in the UK adviser market

Sophia Panayi
clock • 1 min read

The UK adviser platform market has reached £862bn in assets under administration, its highest level in five years, according to Defaqto research.

Launching its first In Focus: Adviser Platforms report, Defaqto used data from financial planning tool Defaqto Engage, market analysis, adviser research and service assessments. The report examines the growth of adviser platforms over the past two decades, the impact of regulation and technological change, and the increasing importance of due diligence, functionality and client outcomes in platform selection. The report showed adviser platform assets under administration are now at their highest level in five years, despite a dip in 2023/24, due to "renewed confidence in investment ma...

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