Boutique advice practices are on the rise and Powerwrap is finding new ways to help them.
Launching this month, Powerwrap has developed Tickr. It is an advice business incubator addressing the non-core skillset that financial advisers often find daunting and time-consuming, such as finding premises and becoming fully licensed.
Powerwrap chief executive Will Davidson says the firm has a track record of building breakaway advice groups from investment banks and private banks. These groups can plug in to Tickr for middle and back office requirements as well as share best practice investment and business ideas.
In the accompanying article, Davidson explains more.