The survey shows 51 per cent of IFAs expect to do more business using such tools, while 97 per cent already use risk profiling tools with existing clients.
Of the 200 advisers questioned, 60 per cent are providing over three quarters of their clients with a full risk assessment and asset allocation plan, with a further 16 per cent of advisers providing this service to at least half of their clients.
A further 71 per cent of those surveyed said that the better online tools that are now available on platforms are going to drive an increase in their use of platforms over the next 12 months.
Skandia head of investment marketing Graham Bentley says: “Matching investments to a client’s risk profile has long been part of any sensible investment process but the continuing development of modern portfolio theory, and online tools enables advisers to take this to a new level.
“With such processes becoming increasingly more commonplace, the use of online tools it set to increase significantly.”