Brewin Dolphin tests low-cost advice service WealthPilot

Innovation 'at the core' of firm's strategy

Natalie Kenway
clock • 3 min read

Wealth manager Brewin Dolphin has announced it has begun testing a "needs-based" wealth planning and investment advice service, called WealthPilot, to engage a wider market segment with simpler needs.

The company, which has been looking at ways to innovate during "continued evolution of financial regulation and government policy", said the standalone operation will offer lower cost investment solutions, while it also approved the development of a separate advice-led proposition. Chief executive David Nicol said: "To prosper and remain competitive, successful businesses must constantly seek to innovate, change and improve. "At the core of our current strategy is an appetite for innovation and constructive change. While I consider our record in this regard to be good, I also believe ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Professional Adviser TV: Creative ways to tackle the advice gap

Professional Adviser TV: Creative ways to tackle the advice gap

With Octopus Money CEO Ruth Handcock and financial adviser Kristian Manton

Professional Adviser
clock 25 April 2025 • 1 min read
Economic secretary confirms wholesale ISA review as experts demand sweeping reform

Economic secretary confirms wholesale ISA review as experts demand sweeping reform

LISA reform front and centre

Beth Brearley
clock 24 April 2025 • 2 min read
 MorganAsh introduces customer support tracking to vulnerability platform

MorganAsh introduces customer support tracking to vulnerability platform

Recording suggested next steps

Jaskeet Briah
clock 24 April 2025 • 2 min read