Our regular round-up of the latest insights on investment distribution
An EU-wide ban on commissions is only a matter of time
“Most clients are happy to pay €1,000 for a smartphone but will never pay half that amount to get financial advice.” “A full ban on commissions would create a huge advice gap.” Again and again we’ve heard these kinds of comments from fund distributors across...
Model portfolio services and fee pressure
Advisers have been squeezing costs in the value chain for the past decade. Their own fees have held up well – after all, they’re the ones in the driving seat, and with direct contact with clients advisers are well-placed to extol the value of their services. But...
Cost, (not) above all else
Advisers put the bulk of their clients’ assets on platforms for a few main reasons: access to multiple tax wrappers as well as better portfolio management and reporting capabilities. However, what lies behind an adviser’s decision to use a particular platform? We...
The private capital opportunity in the D2C market
Private capital forms much more of the UK economy than it used to, and there is a sense that private equity investors can target companies in their highest growth phase. How can self-directed investors get in on the act and is this an opportunity for D2C providers?...
Prospects for growth in platform MPS
Model portfolio services used by third-party financial advisers remained the fastest growing area for wealth management assets last year. The big question is: how much more has MPS growth got to run? MPS assets totalled a little over £80bn at the end of 2021,...
Asset managers and distribution platforms: a changing relationship
European platforms have dramatically increased their share of retail fund distribution in Europe over the past five years – they now control over a quarter of European fund AUM. Scale has helped the largest institutional platforms to develop value-added services...