We are delighted to announce that Skerritt Consultants Limited, one of the largest IFA firms in the UK, has decided to launch its own modern investment platform through Hubwise.
Brighton-based financial advice and discretionary wealth management firm Skerritt Consultants, a nine-times winner of a New Model Adviser Award for the South East region, has amassed over £1 billion assets under advice and serves over 25,000 clients.
As Skerritts positions itself for growth, the move to Hubwise will enable the chartered financial planner to greatly simplify its operating model by consolidating multiple (5-10) platform relationships.
The platform operator model with Hubwise should also strengthen Skerritts control over its client proposition without the administrative burden associated with other platform providers. Several clear and tangible benefits stood out to Skerritts under the platform model with Hubwise, including:
being able to control and provide clients with one of the most competitive platform fees available in the market
gaining huge efficiencies through the digital and real-time integration capabilities of the platform
empowering the investment team with institutional tools and unrestricted market access
Richard Skerritt, Managing Director of Skerritts, said "We are very excited to be partnering with Hubwise to fulfil the future platform requirement for our clients. We believe that the functionality and market reach for clients are second to none, and the processing and integration capabilities will create huge efficiencies for Skerritts, which is key at the present time. We have always been forward looking in terms of the use of technology and the gives us the opportunity to really move forward in our client proposition.”
Angus Macdonald, CEO of Hubwise, said "We are seeing more and more progressive businesses like Skerritts appreciate the value in operating their own modern investment platform. Technology innovation, agile delivery, a digital-first mindset and an online user experience which combines both ease of use and sophistication, are just some of the characteristics valued by our customers."