Adviser Kate v Adviser John: How important is platforms' financial health?

The platform market is maturing and a natural by-product of this is increasing merger and acquisition speculation. This, along with ever improving due diligence practice, has brought the issue of platform financial strength and performance into sharper focus. Overall, this level of analysis is a good thing because adopting a platform that goes belly up or significantly changes focus could prove to be a rather costly pain in the rear end for an advisory business. Of course, anyone who spends time buying or selling companies will tell you that straight-up on-paper financial performance ...