In-house bespoke platforms costly, says report
29 September 2021
Clients of advice firms who run in-house bespoke platforms are paying the most for the privilege, according to NextWealth. According to NextWealth’s Adviser Tech Stack, bespoke platforms cost clients 28 bps, compared with 24bps for branded portals and outsourced bespoke platforms and 23bps for unbranded platforms. Heather Hopkins, managing director of NextWealth, said there was strong appetite among...