Tom Ellis: What would an FNZ takeover of GBST mean for platforms and advisers?

Underlying tech providers

Tom Ellis
clock • 4 min read

This column from PA editor Tom Ellis appeared in the August edition of Multi-Asset Review but, after FNZ completed its acquisition of rival GBST, we thought it would be worth revisiting his thoughts of what it would mean for advisers if the deal went ahead ...

Re-platforming has without doubt been the most disruptive activity in the platform space in recent years. When adviser platforms have tried to shift their underlying technology from one provider to another, it has caused havoc for the advisers, paraplanners and administrators who are simply trying to service their clients.  Now, however, as the usual re-platforming suspects iron out their issues and Old Mutual Wealth readies itself to embark, finally, on its mammoth migration, the spotlight needs to be retrained onto the businesses that stand behind, or perhaps beneath, these re-platform...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Platforms

Platforms vie to attract retail investors ahead of SpaceX IPO

Platforms vie to attract retail investors ahead of SpaceX IPO

Could be 'first foray into investing' for many

Michael Nelson
clock 08 June 2026 • 4 min read
UK adviser platform market reaches £862bn in AUA

UK adviser platform market reaches £862bn in AUA

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

Sophia Panayi
clock 03 June 2026 • 1 min read
EQ Investors launches on Timeline platform

EQ Investors launches on Timeline platform

Financial planners to have direct access to sustainable portfolios

Sophia Panayi
clock 21 May 2026 • 1 min read