Jack Berrisford
Jack Berrisford: Platform pandemic performance tests resilience
Written by Jack Berrisford on
Resilience, defined as the capacity to recover quickly from difficulties, is a word we can all relate to these days.

Jack Berrisford explains what this means for investment platforms, in today's climate and the need to invest in their long-term resilience.

For over a year now, our collective strength in the face of adversity has been tested in ways few of us could have imagined. But beyond the obvious physical and mental toughness shown by so many, the pandemic has also brought into focus another aspect of resilience. That of our finances. For many, the rainy-day fund has become more important than ever.

It's no surprise then that D2C platforms have been amongst the industry's biggest winners over the past year. Champions of the DIY investor, they have long been calling for us all to take control of our financial futures.

And, with time on our hands, it would seem more and more of us have found ourselves doing just that. Trading updates from several of the biggest players in the market during the first quarter told a story of bumper net new client flows and with it, better than expected profitability. Good news, it would seem. But beyond the bottom line, just how resilient have the platforms we've chosen to put our trust in really been themselves? 

Read Jack's full article published in Professional Adviser on 6th May 2021

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