Positive Solutions is to restructure its pricing model in a move that will see it operate as a network as well as a national.
Speaking at the firm’s conference in Birmingham yesterday, Positive Solutions chief executive Jim Reeves said the move would offer partners more flexibility and make it easier for them to attract new advisers.
Reeve says PosSol will take a “menu” approach to charges, giving advisers flexibility to pick and choose the services they need and the model they want to operate under.
Firms will be able to establish their own brands and have greater control over recruitment. Reeve says the additional brand flexibility will help firms looking to develop professional connections.
Reeve says: “While robust and financially strong, our ‘one-size-fits-all’ business model needs to evolve and become more flexible to suit the changing market place. Our additional business model and charging structure will offer more flexibility, value for money and levels of service.”
Positive Solutions also announced a new partnership with True Potential which will provide partners with access to the True Potential wrap.
The agreement will allow PosSol partners to offer a wealth management investment solution using True Potential’s new wrap service.
Positive Solutions chief executive Jim Reeve says: “Positive Solutions is renowned for the quality of technology that it offers its partners, enabling them to offer excellent service to clients. I’m delighted that we’ve been able to develop this further and strengthen our partnership with True Potential.
“Partners will now benefit from access to the True Potential wrap platform as well as the best adviser operating systems in the market and access to leading edge technology with iPhone apps.”