Advice professionals treat platform and MPS as one system and not two decisions.   

Managed Portfolio Services (MPS) are now a defining feature of the UK advice market. The question is no longer about whether to use MPS, but how to use it well, consistently, at scale, and across an increasingly diverse set of client needs.  

The answer lies in the day-to-day use and processes; how on-platform MPS supports the advice process and helps clients achieve their goals.  

MPS and platform function as a single delivery system. Platform capability increasingly determines whether a CIP feels like an asset or a burden, requiring workarounds and segmentation.  

In the paper we explore these dynamics, the experience of firms, what works well, where frictions creep in and what is blocking both broader use within firms and further adoption in the market.  

The report is free to download thanks to the generosity of Morningstar Wealth, available at the link below:

Morningstar Langcat Report | Unlocking the next phase of MPS growth