The "effective revenue" on platform assets is continuing to shrink, according to Altus Consulting, but the cost of servicing both customers and advisers is falling at an almost identical rate.
The firm's latest whitepaper Giving your platform wings found the average platform's revenue per adviser served has fallen 17% to £13,000, but the cost of servicing the average adviser has fallen 16% to...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till