Nine in 10 advice businesses now use a CIP - the lang cat

DFM assets approaching £100bn on platforms

Tom Ellis
clock • 2 min read

A centralised investment proposition is overwhelmingly now the most popular choice for an advice firm's investment construction, according to the lang cat's wide-ranging survey of 235 financial businesses.

The consultant's research, seen exclusively by Professional Adviser, found almost nine in 10 (86%) adviser firms now use a centralised investment proposition (CIP). And, of that 86%, almost half run advisory models, while fewer than 10% run discretionary models, as illustrated by the graph below. This compares with one-in-three who outsource some investment decisions to a discretionary fund manager (DFM) and more than 40% who use multi-manager or multi-asset strategies.                 For the remaining 14% who do not use a CIP, meanwhile, the lang cat marke...

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 Your profession

Professional Adviser TV: Creative ways to tackle the advice gap

Professional Adviser TV: Creative ways to tackle the advice gap

With Octopus Money CEO Ruth Handcock and financial adviser Kristian Manton

Professional Adviser
clock 25 April 2025 • 1 min read
Economic secretary confirms wholesale ISA review as experts demand sweeping reform

Economic secretary confirms wholesale ISA review as experts demand sweeping reform

LISA reform front and centre

Beth Brearley
clock 24 April 2025 • 2 min read
 MorganAsh introduces customer support tracking to vulnerability platform

MorganAsh introduces customer support tracking to vulnerability platform

Recording suggested next steps

Jaskeet Briah
clock 24 April 2025 • 2 min read