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Ascentric wraps up 22 firms

Ascentric now has 60 advisers from 22 firms using its wrap proposition.

The platform says it is focused on advisers with high-net-worth clients. It claims it can accept any fund link as long as it has a Financial Express price feed and an Isin identifier. It has agreements with over 100 fund firms.

Companies already using Ascentric include Evolve Financial Planning, Filip Slipaczek IFA, Pension Rescue (Park Row), Stafford & Co, Brook Dobson Brear, WHK Financial Services and Baldock and TBO.

Ascentric wrap serves as an asset consolidation service available to IFAs offering fully integrated online viewing and dealing facilities using the Fundsdirect platform.

Managing director Hugo Thorman says: “Support from advisers has exceeded our expectations. Fortunately, the high level of automation has helped us deal with the volumes. Advisers have been demanding access to an increasingly wide range of boutique funds and this feature is essential to a successful wrap proposition.”

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