D2C platform giant Interactive Investor to launch advice proposition

Bought ATS in October 2018

Tom Ellis
clock • 1 min read

Platform Interactive Investor, which bought D2C and adviser platform Alliance Trust Savings (ATS) last year, has revealed it is going to launch an advice proposition before the end of 2019.

Interactive Investor CEO Richard Wilson said he did not yet know exactly what the advice proposition would look like, but the boss of the UK's second largest D2C platform promised it would be driven by the demands of its customers. "When you go down the guidance journey you end up giving into advice," he explained. "We are doing a lot of things and we can do everything so much better, but we are trying to be better than the rest at listening to customers." Alliance Trust Savings sold to Interactive Investor for £40m Asked whether launching an advice proposition to support the Inter...

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 Companies

Manchester firm declared failed by FSCS over pensions advice

Manchester firm declared failed by FSCS over pensions advice

Pension Advice Specialists, trading as Ashworth Wealth, no longer exists

Isabel Baxter
clock 26 March 2024 • 1 min read
Third Financial's 'laser-like' focus following Nucleus acquisition

Third Financial's 'laser-like' focus following Nucleus acquisition

‘Adviser platforms are more nuanced than just outsourced versus in-house’

Isabel Baxter
clock 26 March 2024 • 3 min read
Fairstone makes first advice firm buy of 2024 adding £110m in assets

Fairstone makes first advice firm buy of 2024 adding £110m in assets

Consolidator acquires Nottingham-based James Ryan Thornhill

Isabel Baxter
clock 26 March 2024 • 1 min read