Licensed by the Isle of Man Financial Services Authority, it deals with more than 70,000 funds and securities through multiple third party life and pension wrappers. The platform employs 12 staff, headed by chief executive Richard Preston.
Preston said: “With RL360° we will have the backing of a major institution and our adviser community will benefit from continued investment in our award-winning platform service – we plan to stay ahead of the game and remain truly open-architecture; with unfettered investment choice inside a growing panel of DFM, life bond, pension and trust provider solutions. This is a very exciting time for us.”
