Hargreaves set to dominate flows tables in worst quarter since RDR
‘2019 will be one of the worst years on record’
‘2019 will be one of the worst years on record’
Market growth during latest quarter boosted platform’s funds under direction
Interim chairman Christopher Munro to step back later this year
Client portals an ‘easy win’ for platforms to curry favour with advisers
Diversified funds under direction provide protection for the adviser platform
Q3 updates deemed rosier than the latest figures from HL
Recently-listed Integrafin announces two appointments
Integrafin chairman Patrick Snowball has stepped down from the Transact parent to join Provident Financial.
Transact’s total funds hit £32bn over its third quarter reporting period despite seeing higher outflows.
Platform provider Nucleus confirmed on Monday it is pursuing a listing on the alternative investment market (Aim) with trading to commence in late July.
The entry of Transact parent Integrafin into the FTSE 250 index has been described as good news for rival platforms and wealth managers considering a listing.
Platforms’ business models are an important consideration under financial adviser due diligence so what do a recent spate of IPOs and planned listings from Transact, AJ Bell and Nucleus mean for the nascent market?