Our regular round-up of the latest insights on investment distribution
Just how many investors can the advice market serve?
The number of people receiving ongoing financial advice in the UK has risen by over a fifth in the last five years. But the population of advisers has hardly grown and in 2023 it actually fell. Strong demand for advice has propelled the average number of clients...
Hargreaves Lansdown deal undervalues the megatrends that will drive digital wealth
Will HL maintain its status as the leading online investment service following its acquisition by a private equity consortium? It has a 29% share of the UK D2C market, considering the full range of D2C services, as covered in our recent UK D2C: Market Update. This...
Exploring the opportunities and challenges of tailored model portfolio services
Platform model portfolio services (MPS) has continued to experience healthy asset growth, buoyed by growing adviser demand as more advice firms have decided to outsource their investment management functions. Competition among MPS providers has intensified with...
UK D2C assets surpass £500bn: the evolving UK D2C landscape
UK Direct-to-Consumer (D2C) assets passed the £500 billion mark by the end of Q1 2024, but it was strong investment performance rather than net flows that drove assets higher. Much of the D2C market is dominated by direct platforms that offer open-architecture...
“We’ve come a long way”. A fundamentally altered advice industry
Discretionary model portfolios run by third-party wealth managers are now the leading investment strategy among financial advisers and the default solution for many of them. Since 2020, their share of advised assets has doubled, according to Platforum’s latest...
European platforms and the ‘retailisation’ of alternatives
Platform assets across Europe (including UK) surpassed €5,000bn at the end of 2023, according to Platforum’s recent European Fund Distribution: Platforms report. Platforms continue to take a higher proportion of total UCITS distribution as more institutions and...