The Schroders UK Platform Awards dinner once again showed why it is the leading event in the platform and technology sector. It is quite simply a great night out where platform people, old friends and new acquaintances, get together for an annual celebration of excellence and success.
The first UK platform awards dinner was held at the Café Royal 10 years ago. It seems like half of that! It is perhaps more extraordinary to recall that although platforms had been around for seven or eight years by then, there still existed naysayers preaching the message that platforms were a temporary fad.
Today, virtually 100% of new retail investment in funds, and, to a lesser extent, ETFs and securities, is via a platform. It is also interesting to note that many of those featuring in the 2007 event were present at the 11th dinner at the London Hilton on Park Lane on the 26th September. Around the grand ballroom Nucleus, Ascentric, Seven Investment Management, Standard, Cofunds, FundsNetwork, DST and FNZ – all winners in 2007, demonstrating just how robust leading platforms have proved, especially when one considers that the major winners of 2017 were all in this group – Nucleus at Platform of the Year, 2017, Standard Life (powered by FNZ) greedily hoovering up four awards and Seven Investment Management grabbing three.
Platforms are about technology, and technology is always on the move. It was great to see two so-called robos picking up awards, Wealth Wizards for Leading innovation in workplace solutions and Scalable Capital for Leading innovation in investor engagement on platforms. Standard Life picked up gongs for Dynamic Planner best platform for adviser service, Leading platform for model portfolio services, Leading platform-enabled retirement proposition and Best platform provider (AUM over £15 billion); Seven Investment Management were winners of Leading platform for advisers with discretionary permissions, Best wealth management platform and Leading integrated planning tool provider, with their partners, Technical Connection.
SEI also had a great night, picking up the Best use of platform technology award with platform partner Fusion Wealth. This platform partnership is also behind both Leading adviser practice and Leading adviser business winners, First Wealth and Aspect 8.
A feature of the platform awards is the generosity of the diners. In 2015, organiser, Clive Waller, set a target of three dinners to raise £100,000 for Cancer Research UK. Such is the generosity of the platform community that this target was exceeded in two – a year and a day! As such, this year, we supported another of our favourite charities, Mines Advisory Group. Anthony Wolfe, a former platform industry leader, spoke compellingly on behalf of MAG.
At the current moment, the count is looking like an amazing £17,000 – to be confirmed once a couple of promises are fulfilled. With matching from our generous sponsors, Schroders, and CWC, plus DVID UK Aid Match from the Government, we should hit an extraordinary total in excess of £65,000.
The full list of winners is here
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Schroders UK Platform Awards
Gala Dinner - 26 September 2017
The London Hilton on Park Lane
22 Park Lane, London W1K 1BE
Host Kate Silverton, Radio and TV Presenter
Dress Code Black Tie
|19:30||Dinner and Entertainment|
|21:45||The Awards Ceremony|
These are the awards for 2017
Please click on award title to view criteria
The winners of the awards will be found by adviser votes or through the wisdom and skill of our judges. The judges have been selected for both their expertise and their independence.
The judging panel will be chaired by Keith Richards, CEO of the Personal Finance Society. The deputy chair will be Lawrence Gosling, Group Editorial Director of Incisive Media.
The process of selecting the winners varies by award to ensure the right outcomes.
A team of judges was selected for each of these awards based on expertise and independence.