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Home Platform FundsNetwork

Willingness to recommend

4.17/5

Based on 52 reviews

FundsNetwork

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Value for money

4.25/5

Support

4.02/5

Integrations

3.58/5

Based on 52 reviews

FundsNetwork™ is Fidelity International’s adviser platform that provides advisers and their clients with access to a range of investment and retirement related services. Launched in 2000, FundsNetwork has 20 years’ experience of helping independent financial advisers run efficient and profitable businesses, while serving the needs of their clients. The platform is committed to improving client experience at every stage of the advice process, through the development of platform capability which offers flexibility and efficiency to support changing needs.

The platform provides advisers with access to a broad set of product wrappers and investments, as well as enhanced administrative services.

NextWealth view

FundsNetwork is a safe and stable choice for advisers looking for a platform that gets custody and administration right. While this may sound boring - platforms need to get the basics right and FundsNetwork usually does. Fidelity businesses tend to be more modest – rarely tooting their own horn. We’ve been pleased to see Jackie Boylan, head of FundsNetwork, more active in the press and the market. They have built APIs to integrate to common industry solutions and have built custom integrations for some of their strategic partners. They are also investing in functionality to better support model portfolios and DFMs and their pricing is also good and we hear their service is getting better. They were recognised by NextWealth as a digital process champion.

Assets under influence:
£39.2 bn as at 30 September 2020
Ownership:
Part of Fidelity International, a private, family owned business
Technology Partnerships:

Bravura Solutions (Sonata)

Integrations

3.58/5
Based on 52 reviews
Cash Management
Cashflow Modelling
Client Portal
Other
Practice Management System
Research
Suitability Profiling

No integrations available for Cash Management

No integrations available for Cashflow Modelling

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Legend:

Integrates One Way

Integrates Both Ways

Reviews

Leave a review for FundsNetwork
4/5
Willingness to recommend
3/5
Integrations
4/5
Value for money
4/5
Service
No comment left by user
Anonymous September 2020
3/5
Willingness to recommend
3/5
Integrations
4/5
Value for money
3/5
Service
Their customer service is poor
Anonymous September 2020
5/5
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4/5
Integrations
5/5
Value for money
5/5
Service
No comment left by user
Anonymous September 2020
4/5
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4/5
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4/5
Value for money
3/5
Service
No comment left by user
Anonymous September 2020
4/5
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4/5
Integrations
5/5
Value for money
5/5
Service
No comment left by user
Anonymous September 2020
4/5
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4/5
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4/5
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4/5
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No comment left by user
Anonymous September 2020
5/5
Willingness to recommend
4/5
Integrations
4/5
Value for money
4/5
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No comment left by user
Anonymous September 2020
4/5
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4/5
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5/5
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3/5
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No comment left by user
Anonymous September 2020
4/5
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3/5
Integrations
4/5
Value for money
5/5
Service
The new system is pretty slick, pricing is ok and they responded very well during lockdown
Anonymous September 2020
4/5
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3/5
Integrations
4/5
Value for money
4/5
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No comment left by user
Anonymous September 2020
5/5
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4/5
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5/5
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5/5
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No comment left by user
Anonymous September 2020
5/5
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5/5
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5/5
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4/5
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No comment left by user
Anonymous September 2020
1/5
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2/5
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3/5
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2/5
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No comment left by user
Anonymous September 2020
4/5
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4/5
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4/5
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4/5
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No comment left by user
Anonymous September 2020
5/5
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3/5
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5/5
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5/5
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No comment left by user
Anonymous September 2020
5/5
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3/5
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4/5
Value for money
5/5
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No comment left by user
Anonymous September 2020
5/5
Willingness to recommend
5/5
Integrations
5/5
Value for money
5/5
Service
They do not require a wet signature and use technology to full effect
Anonymous September 2020
5/5
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3/5
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4/5
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4/5
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No comment left by user
Anonymous September 2020
4/5
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4/5
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5/5
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5/5
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No comment left by user
Anonymous September 2020
5/5
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4/5
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5/5
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5/5
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No comment left by user
Anonymous September 2020
2/5
Willingness to recommend
3/5
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5/5
Value for money
4/5
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No comment left by user
Anonymous September 2020
3/5
Willingness to recommend
2/5
Integrations
4/5
Value for money
3/5
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No comment left by user
Anonymous September 2020
5/5
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5/5
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5/5
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5/5
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No comment left by user
Anonymous September 2020
5/5
Willingness to recommend
5/5
Integrations
5/5
Value for money
5/5
Service

FundsNetwork is making large steps to continue to evolve it's proposition and support the adviser community. It is one of the best model portfolio management systems around including using ETFs and Investment Trusts, which other platforms require re-balancing separately, creating horrendous admin issues. FundsNetwork also provides good reporting services and links with Morningstar Adviser Workstation to update valuations seamlessly. Good steps have been made to add the CGT tool, and there are plans to a improve the drawdown functionality. They could do with the ability to add 'Bed & Pension' which I know is coming down the line, but can't... read more come too soon.

Peter Blackburn July 2020
5/5
Willingness to recommend
3/5
Integrations
5/5
Value for money
5/5
Service
No comment left by user
Anonymous March 2020
5/5
Willingness to recommend
4/5
Integrations
5/5
Value for money
5/5
Service
Well established investment house and platform
Anonymous March 2020
5/5
Willingness to recommend
5/5
Integrations
4/5
Value for money
5/5
Service
I think they are very good.
Anonymous March 2020
4/5
Willingness to recommend
3/5
Integrations
4/5
Value for money
3/5
Service
"Good experience
Anonymous March 2020
4/5
Willingness to recommend
4/5
Integrations
3/5
Value for money
4/5
Service
very well run Company
Anonymous March 2020
4/5
Willingness to recommend
3/5
Integrations
4/5
Value for money
4/5
Service
Does everything for us no platform is perfect
Anonymous March 2020
4/5
Willingness to recommend
4/5
Integrations
5/5
Value for money
4/5
Service
I would recommend them if asked
Anonymous March 2020
3/5
Willingness to recommend
3/5
Integrations
4/5
Value for money
3/5
Service
No better no worse than other providers
Anonymous March 2020
5/5
Willingness to recommend
5/5
Integrations
5/5
Value for money
5/5
Service
Past experience
Anonymous March 2020
3/5
Willingness to recommend
3/5
Integrations
3/5
Value for money
3/5
Service
IT'S OK
Anonymous March 2020
2/5
Willingness to recommend
1/5
Integrations
3/5
Value for money
3/5
Service
some update in technology needed
Anonymous March 2020
5/5
Willingness to recommend
5/5
Integrations
4/5
Value for money
4/5
Service
They are very good
Anonymous March 2020
3/5
Willingness to recommend
3/5
Integrations
2/5
Value for money
2/5
Service
I now find slightly costly
Anonymous March 2020
5/5
Willingness to recommend
4/5
Integrations
5/5
Value for money
5/5
Service
The platform works and is efficient
Anonymous March 2020
3/5
Willingness to recommend
4/5
Integrations
3/5
Value for money
2/5
Service
Poor BDM support
Anonymous March 2020
3/5
Willingness to recommend
4/5
Integrations
4/5
Value for money
4/5
Service
No comment left by user
Anonymous March 2020
4/5
Willingness to recommend
4/5
Integrations
4/5
Value for money
4/5
Service
WE have always received good service and support and they are constantly improving the proposition
Anonymous March 2020
5/5
Willingness to recommend
3/5
Integrations
5/5
Value for money
4/5
Service
"Low charges
Anonymous March 2020
5/5
Willingness to recommend
5/5
Integrations
5/5
Value for money
5/5
Service
Consistent good service
Anonymous March 2020
4/5
Willingness to recommend
2/5
Integrations
3/5
Value for money
3/5
Service
"They've improved
Anonymous March 2020
4/5
Willingness to recommend
3/5
Integrations
5/5
Value for money
4/5
Service
they are one of the better platforms
Anonymous March 2020
5/5
Willingness to recommend
5/5
Integrations
5/5
Value for money
5/5
Service
they are helpful and have good range of funds with excellent research facilities
Anonymous March 2020
5/5
Willingness to recommend
4/5
Integrations
4/5
Value for money
4/5
Service
Their systems seems to work well.
Anonymous March 2020
4/5
Willingness to recommend
2/5
Integrations
5/5
Value for money
3/5
Service
Generally it works well but could be improved
Anonymous March 2020
5/5
Willingness to recommend
2/5
Integrations
4/5
Value for money
4/5
Service
They have always been efficient and competitively priced.
Anonymous March 2020
4/5
Willingness to recommend
3/5
Integrations
3/5
Value for money
3/5
Service
They generally come across well - and we have few problems
Anonymous March 2020
5/5
Willingness to recommend
4/5
Integrations
4/5
Value for money
4/5
Service
good overall offering
Anonymous March 2020
4/5
Willingness to recommend
3/5
Integrations
4/5
Value for money
4/5
Service
The majority of our clients are on FundsNetwork pre- and post- retirement. We have a deal with them because of the amount of business. They have lots of investment choices. Very easy system to use. If someone comes to us with half a million, it's probably the best option.
Anonymous October 2019
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