What the 'great platform shakeout' means for financial advisers

In Professional Adviser last month, I wrote about how ambitious adviser businesses now have an opportunity to leverage the technology available to them to become vastly more efficient. This view was based on Platforum's recent paper - Next generation platforms: transforming wealth management. Following on the heels of Platforum's report is research from Heather Hopkins and the team at Next Wealth regarding this latest trend of adviser-as-platform. Prominent financial advisers and DFMs are increasingly looking to become platform operators to reduce risk and improve operational efficien...