Hiren Patel: Why IFAs 'can't get no satisfaction' from model portfolio service tech

Asset managers and platforms don't always see eye-to-eye

clock • 5 min read

Hiren Patel looks at the struggle advisers face when dealing with model portfolio services technology and says more efficient, cost-effective processes will be music to advisers' ears...

Lennon and McCartney, the Gallagher brothers, Jagger and Richards. Like all of these great partnerships, the relationship between asset managers and platforms is a complicated one and often leaves IFAs and their clients picking up the pieces. On the one hand, they continue to offer fresh innovation to financial advisers. Just look at how the vast majority of platforms have facilitated an accelerated introduction of ground-breaking technology in the face of the ongoing coronavirus pandemic. Features like digital signatures and "intelligent office" now let advisers invest on their cl...

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