NextWealth research published in our September 2021 update to our Adviser Tech Stack report reveals that the average fee paid by a client for the platform is lowest for advisers that are using a fully outsourced platform. Clients with advisers that manage their own platform pay most – a difference of 4bps.

The Advice Tech Stack report is available for purchase. You can read the article on Money Marketing’s website by clicking below. Financial advice professionals who contribute to our on-going research can get free access to our insights by joining our research panel.

About the Author

Heather is a data and research expert specialising in retail investment distribution. Heather is the Managing Director and Founder of NextWealth. She is also a Director of Clive Waller Consulting Ltd and serves as Vice-Chair of The Investment Network and the Schroders UK Platform Awards.