Andrew Goodwin: Five basic principles for choosing a platform

Identifying a platform with staying power

clock • 4 min read

Andrew Goodwin explores five principles to consider when choosing a platform...

Simple economic theory states that success encourages competition. This brings numerous consequences – some of them positive, others negative.  Imagine, for example, that a company comes up with a genuinely trailblazing, must-have product that essentially creates a whole new market. For no apparent reason, let's call this era-defining breakthrough a zambongo. It's inevitable that other businesses will want a piece of the burgeoning zambongo scene. They will set about developing their own versions, and what was briefly a monopoly will soon turn into a free-for-all.  This should bene...

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 Wrap/platforms

AJ Bell signs up to The Platforms Association's transfer charter

AJ Bell signs up to The Platforms Association's transfer charter

After being missed off TPA’s initial list

Sophia Panayi
clock 28 September 2026 • 1 min read
Big players give The Platforms Association's transfer charter a miss

Big players give The Platforms Association's transfer charter a miss

AJ Bell and Parmenion choose not to sign up

Sophia Panayi
clock 25 September 2026 • 2 min read
Most platforms sign up to transfer charter

Most platforms sign up to transfer charter

Signatories include Benchmark, Fidelity International and Quilter

Sophia Panayi
clock 17 September 2026 • 3 min read