by Richard Bradley | 21 July 2023 | UK Wealth Management
The platform MPS market is maturing faster than we previously predicted. Market volatility in 2022, regulatory changes and advice firm consolidation have accelerated trends that we’ve highlighted before. So competition among MPS providers is getting fiercer, according...
by George Shore | 06 January 2023 | UK Adviser Platforms, UK D2C, UK Financial Advisers, UK Fund Distribution, UK Wealth Management
We saw a spike in the proportion of UK adults investing through 2020-2021, as household savings soared in the pandemic and fed through to investments. Unfortunately, 2022 painted a different picture, according to our latest UK Consumer Insights report, published...
by Richard Bradley | 16 September 2022 | UK Wealth Management
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 the...
by Richard Bradley | 24 June 2022 | UK Wealth Management
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,...
by Richard Bradley | 06 August 2021 | UK Wealth Management
Further concentration is coming in the wealth management market, as Raymond James announced last week that it was looking to acquire Charles Stanley. There are efficiencies to be gained from scale in wealth management. Firms have increasingly focused on centralising...
by Andrew Ashwood | 23 July 2021 | UK Financial Advisers, UK Wealth Management
DFM use is on the rise among financial advisers and platform-based managed portfolio services (MPS) have been the main beneficiaries. Recent Platforum research shows that advisers are using more DFMs now than they were two years ago, with advice firms that use...
