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Cofunds signs platform deal with Ashcourt Rowan

Ashcourt Rowan has appointed Cofunds to power its adviser platform proposition.

The new platform is to be piloted in the summer before a full roll-out to advisers and clients in September.

Branded under the Ashcourt Rowan name, the wealth manager will offer three options for its clients to use when accessing the platform. These include an entry-level execution-only proposition for existing clients who do not want or need any further advice; a service for clients who want Ashcourt Rowan’s guidance in their decision making but do not need ongoing financial advice; and a full advice segment.

Ashcourt Rowan says the move is part of a wider comprehensive review of the business, which has already seen the firm overhaul its advice and service proposition.

Ashcourt Rowan Group chief executive Jonathan Polin (pictured) says: “The development of a central platform proposition for our advisers and their clients is an important step forward for Ashcourt Rowan as we look to continue to develop and grow the business pre- and post- the introduction of the RDR.

“By combining the systems and technology of Cofunds with the first class advice and guidance on offer through our advisers and experts, I believe we are putting in place a modern and market-leading financial planning proposition that will create real value for clients and enable us to fulfil our ambitious plans for the future.” 

Cofunds chief executive Martin Davis says: “Ashcourt Rowan is one of the leading players in our industry, so being selected to power their advisory proposition after a rigorous due diligence process is a big endorsement of Cofunds.  We’ll be working closely with Jonathan and his team to ensure they get the most out of their new platform and look forward to further developing our close relationship.”



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