Terry Huddart: Room for a small one?

Hubwise platform reviewed

clock • 6 min read

The platform sector shows little sign of the consolidation most are expecting and, with Hubwise now entering the game, Terry Huddart considers what a platform that comes to market in 2017 should look like

Increasingly, I hear the view that, in five or 10 years' time, there will only be four or five advised platforms left in the UK - although, in fairness, it is a view most often articulated by people who work for large platforms. For my part, I don't agree. I think there will be fewer than there are today - and the core functionality will become more commoditised - but a double-digit number should persist for many years yet. Platform views: Terry Huddart on the platform sector Despite a period of mischievous mudslinging, using crude profitability measures in any given year, the majorit...

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 Wrap/platforms

Wealthtime signs ten-year deal with Wipro to overhaul platform

Wealthtime signs ten-year deal with Wipro to overhaul platform

The firm will use Wipro's artificial intelligence

Sahar Nazir
clock 01 April 2025 • 2 min read
Adviser platform assets up to £616.2bn in 2024

Adviser platform assets up to £616.2bn in 2024

Strong advised platform new business throughout 2024

Jenna Brown
clock 19 March 2025 • 3 min read
Aberdeen's Kenny: 'We need to get our flows into positive territory'

Aberdeen's Kenny: 'We need to get our flows into positive territory'

CDO on service, technology and ‘moving the dial’

Isabel Baxter
clock 13 March 2025 • 4 min read