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Home Platform Hubwise

Willingness to recommend

4/5

Based on 1 reviews

Value for money

4/5

Support

4/5

Integrations

4/5

Based on 1 reviews

Hubwise is positioned in the market as a regulated technology business, where we own and control all the critical elements of our multi-asset, multi-wrapper investment platform:

- Technology (API and user portal)
- Trade execution
- Investment administration & regulatory reporting
- Nominee custody
- Client money/assets (CASS) safeguarding

The Hubwise 'white-labelled' platform has been designed with a clear focus on who we serve, supporting and enabling our customer’s business growth through the provision of modern, web-based administration technology, the elimination of manual processes, and the delivery of robust operational controls and industry best practices

NextWealth view

Hubwise stormed (back) into the market in 2017 with a promise to disrupt on price and slick technology. While they have announced some headline grabbing strategic partnerships (Tenet in particular), we hear from advisers that have worked with them that things are great until they aren't. The platform works well for straightforward cases but as soon as anything more complicated comes along, things can fall apart. This may be teething pains but the big guys often claim that good service is easier when you're small. FNZ’s former chief operating officer Douglas Boyce recently joined Hubwise as a Managing Director. Boyce was very well regarded by platform providers and may well sort out these operational challenges.

Hubwise are quite a different proposition to other platforms. The focus seems to be on helping financial advice businesses down the route to vertical integration. Advisers can become appointed reps of Hubwise, and can then offer their own whitelabelled platform. For the growing number of larger financial advice businesses that are looking to become vertically integrated, Hubwise might corner part of the market. But before they get much bigger, they are going to need to prove they've sorted out their servicing teething problems.

Assets under influence:
£1.4 Billion
Ownership:
Hubwise is wholly-owned by Hubwise Holdings Limited, which is majority owned and controlled by the management team.
Technology Partnerships:

Proprietary

Integrations

4/5
Based on 1 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

360Lifecycle (360 Dotnet)

Client Portal – Adviser Office (Iress)

Client Portal – Xplan (Iress)

moneyinfo

myprosperity

The Personal Finance Portal (Intelliflo)

Wealth Platform

No other integrations available.

Adviser Office (IRESS)

Avelo

CURO (Time4Advice)

Fastrak

Intelligent Office (Intelliflo)

Xplan (Iress)

No integrations available for Research

No integrations available for Suitability Profiling

Legend:

Integrates One Way

Integrates Both Ways

Reviews

Leave a review for Hubwise
4/5
Willingness to recommend
4/5
Integrations
4/5
Value for money
4/5
Service
Does what is says on the tin
Anonymous March 2020

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