View more on these topics

Combine harvester

Our business was paper-based until 2003, when we discovered that the filing cabinets had much more office space than the staff.

Since then, we have used 1st Software as our principal package provider and have chosen Cofunds as our preferred platform for several reasons.

We find that Cofunds links in with 1st Software seamlessly, enabling us to integrate Cofunds’ data with all the other aspects of our clients’ affairs.

We are even able to transfer information from Cofunds into 1st Software which enables us to easily and accurately calculate a client’s capital gains tax position before, for example, converting investment funds into Isas.

This is obviously very useful as the end of a tax year approaches and Isa allowances may be unused.

In my view, the combination of 1st Software and Cofunds provides a lot of the clarity of wrap without the price tag.

The Cofunds website is excellent – clear and easy to use, with useful high-quality research tools.

Since last year, Cofunds has also provided a link for our clients to get valuations directly. The consolidation assistant is simply excellent, too.

Through the website, we also get access to a large amount of management information that generally comes in spreadsheet formats. This allows us to get any information we want quickly.

For example, we can find out which clients are exposed to what funds or our overall exposure to any one fund.

In combination with 1st Software, it helps greatly with the preparation of our retail mediation activities return.

Service levels are very good. I find that the people on the helplines seem to know their stuff and are quick to help us out when we need something in a hurry.

Obviously, as we are increasingly web-based, dealing with Cofunds can be much quicker than the old phone and paper-based methods of buying and switching funds.

This is much quicker for us and our clients and much less time is wasted on admin when we could be talking to clients.

David Neeley is a director at Robert A Neeley Have you fallen in or out of love with your platform? Email
will.henley@ with your story


Former Close team launches Stellar Asset Management

Stellar Asset Management is a new company launched by ex-Close Brothers investment director Jonathan Gain and a team of his former colleagues. Chief executive Gain has brought in a team of three former Close employees, including chairman Craig Reader – founder of Close Brothers Investment, property director Stephen McKeever and Gordon Pugh as sales and […]

Ward calls for coordinated action by BoE and DMO

New Star chief economist Simon Ward has called for coordinated action by the Bank of England and Debt Management Office to extend up to £40bn of longer-term funding to banks to finance mortgage lending.Ward says there needs to be a further shift in the Bank’s market operations towards longer term lending. He also suggests widening […]

Woolwich to withdraw selected fixed rates today

Woolwich will be withdrawing all of its 2 and 10 year fixed rates and selected 5 year fixed rates at close of business today.In an email to brokers it says that this is in response to unprecedented demand.It says a new range of fixed rates including replacements for the withdrawn products will be launched on […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm