DFM firm The Marlborough Group has launched a “next-generation” investment platform for financial advisers and their clients.
The Select Platform has an annual charge of 0.20%.
Phil Gilder is the platform’s managing director and was part of the team that founded adviser technology company Seccl.
The platform has been specifically designed to save advisers’ time and offers Marlborough’s managed portfolio solutions (MPS) range, as well as Marlborough’s multi-asset funds. In addition, advisers will be able to select other providers’ investment solutions, which will be added to the platform.
Isa, junior Isa and self-invested personal pension (Sipp) wrappers are available, in addition to general investment accounts, and the client-facing portal can display the adviser firm’s branding.
Richard Goodall, chief executive of the Marlborough Group, said: “The Select Platform very much reflects our partnership approach, which is based on working with forward-thinking advisers who share our entrepreneurial spirit, and helping them to grow their businesses.
“We’re using next-generation platform technology to enable advisers to increase back-office efficiency, saving them time and resources. We’ve also designed the platform to help reinforce all-important client relationships, by making it significantly easier for advisers to report key portfolio information in clear, informative ways their clients will really value.
“With the increased regulatory responsibility heralded by the Consumer Duty, we believe advisers will value the opportunity to further enhance their investment communication with clients. We expect this to increase engagement, which should also support clients in making informed investment decisions.”
Streamline processes
Gilder added: “Our focus from the outset has been on understanding exactly what advisers need, then specifically designing a platform to provide it. We’ve used the latest technology to streamline processes and integrate seamlessly with advisers’ back-office systems. It’s a digital-first, paperless platform that provides a smooth and highly intuitive experience for advisers and their clients.
“All this is backed up by comprehensive support from our highly experienced team, who are committed to delivering first-class service across a range of channels.
“We’re also conscious of the cost pressures facing advisers and that Consumer Duty places a significant focus on them achieving value for clients. So, we’re offering the Select Platform for a highly competitive fee that represents very attractive value.”
