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A third of large firms to adopt the adviser-as-platform model

Large, vertically-integrated investment advisers and private equity-backed (PE) acquirers are the most likely to build and run their own platform within three years, according to NextWealth’s latest platform report.

DFM newcomers secure impressive growth over established players

Assets held in discretionary model or managed portfolio services (MPS) rose a moderate 3.5% in the first nine months of 2022 compared to 37.5% in 2021, according to NextWealth's latest report, which also identified impressive growth from relative new entrants to the market.

Clients rate advisers good with room for improvement

A survey of advised clients for NextWealth’s latest report – which focuses on the implications of Consumer Duty – gave advisers a satisfaction score of 7.8, dropping to seven out of ten for fees, showing that there is “room for improvement”.

NextWealth receives NASSCOM Business Process Innovation Award 2022

Bengaluru (Karnataka) [India], October 18 (ANI/PRNewswire): NASSCOM, a premier trade body of Indian technology industry, held its annual Business Process Innovation Showcase 2022 on 12th October 2022 at The Leela Palace, Bangalore.

Advice firms growth ambitions slow in 2022, report finds

Financial advice firms have put growth ambitions on hold this year and are taking a more cautious approach, NextWealth research has found.

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