NextWealth has published its latest report in the Adviser Tech Stack series, Paper Trails to Digital Highways: Assessing Digitalisation of Processes for Investment Platforms.

This report, the second in our 2023 Adviser Tech Stack series, reflects the ongoing efforts of the platform industry to meet the demand for digitalisation. The report covers eSignature adoption by advisers, document submission processes and adviser notification practices for platforms.

NextWealth’s Adviser Tech Stack subscription service offers regular in-depth updates on adviser tech, covering adviser reviews, market share and proposition of key providers. Areas covered include:

• Adviser reviews of tech providers
• Hybrid advice propositions launched in the market
• Platform market movements and operating models
• Spend by financial advice businesses on tech, in aggregate and by size of firm

NextWealth collected data from 20 platform providers on 74 distinct document submission and 6 adviser notification processes to publish the most comprehensive picture available of document submission requirements. Adviser views were collated via a quantitative survey of 327 financial advice professionals.

The data in this report is valid at 30 June 2023.

The Paper Trails to Digital Highways: Assessing Digitalisation of Processes for Investment Platforms is available as a one-off purchase or as part of a subscription. Reports in the series cover integrations, digital adoption, adviser reviews and more. To find out more get in touch or download a sample of the report by completing the form on this page.