The adviser as platform debate: Look at the bigger picture

The well-trodden debate over the pros and cons rages on

clock • 4 min read

Neil Moles looks at the 'adviser as platform' debate and comes down firmly on one side...

The 'adviser as platform' debate has intensified this year, with opinion divided over whether advisers launching their own platforms will genuinely become the future direction of the industry or just a temporary trend. Earlier this year, NextWealth's ‘Great Platform Shakeout' report suggested there was a groundswell towards adviser as platform and platform white labelling, finding that a quarter of financial advice firms with more than £250m in assets currently without their own platform were planning to launch one in the next three years. But, on the other hand, surveys by some of th...

To continue reading this article...

Join Professional Adviser

  • 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 Wrap/platforms

Dynamic Planner now includes Scottish Widows Platform 

Dynamic Planner now includes Scottish Widows Platform 

Comes ahead of the closure of Advance by Embark Platform

Jenna Brown
clock 19 September 2023 • 1 min read
Scottish Widows speeds up client experience with platform upgrade

Scottish Widows speeds up client experience with platform upgrade

Adviser platform upgrade allows advisers to use real-time data

Sahar Nazir
clock 14 September 2023 • 1 min read
How advisers can use higher interest rates to offset platform charges

How advisers can use higher interest rates to offset platform charges

Reducing 'fee drag' on client's portfolio performance

James Priday
clock 18 August 2023 • 3 min read