Digital wealth manager Moneyfarm has launched a digital B2B service in the UK.
According to Moneyfarm, the service intends to help financial advisers, banks and building societies serve customers with smaller pots, leaving them to focus on higher value and more complex clients.
According to statistics from SimplyBiz, the UK’s advice sector accounts for £514 billion on platform but advisers often choose not to service clients that have less than £114,000 of investable ...