The value of investments can go down as well as up, and the investors could get back less than was paid in.

Our due diligence support

The Financial Conduct Authority (FCA) requires advisers to document their reasons for choosing the investment platform they do for clients. Advisers must also demonstrate the platform meets the suitability requirements for each client segment.

Choosing the right platform solution for your business and for your clients can take time. 

We’ve produced our Wrap due diligence guide to support you through each stage of the selection process. 

The guide also highlights the due diligence questions you should ask to comply with the regulator. 

Contact your Account Manager if you’d like a copy of our Wrap due diligence guide to find out how Wrap can support your business and help you to meet your clients’ needs, or call us on 0345 272 6622.

 

AKG report

Financial strength is a key consideration when choosing a platform provider.

abrdn earned and retained an A rating (Superior) from AKG for the financial strength of Wrap. Wrap and Elevate are the first UK adviser solutions to achieve this prestigious rating. 

AKG Wrap report

Defaqto rating

Our track record and reputation for strong customer service was recognised by Defaqto. It awarded Wrap with a Gold Platform Service Rating.

In this video, Graham Jack from Defaqto explains the 2020 platform rating process and score criteria.

Oops!

A video player should be here, but you need to permit "experience and insight" cookies for it to appear.

View our cookie policy

Drawdown due diligence

There is an increased focus on supporting clients in retirement and making their income last.

That’s why it's important to choose a platform provider committed  to creating  long-term retirement solutions for your clients. 

In addition to providing tailored drawdown options, Wrap’s Drawdown Price Lock can help you achieve better outcomes for clients in retirement. The SIPP solution charge clients pay can be locked at its lowest level. This feature is unlike traditional fee structures where rates rise as a client’s pension pot reduces.

Learn about drawdown

Asset migration

Wrap’s Switch Service can support you when transferring clients and their assets to our platform solution. Adviser firms are eligible for the service if they would like to transfer 50 or more clients or £20m or more of assets. 

More information about Wrap

We know that each client is different, which is why flexibility matters. See more information about our Wrap products and services.

More resources for advisers

 

Already with us?

  • Get in touch with your usual Wrap contact
  • Call us: 0345 279 1001

Want to find out more about Wrap?

Call charges will vary. There is no guarantee that any email you send will be received or will not have been tampered with. You should not send personal details by email.