Advice, not admin

NAVIGATING PRICE INCREASES:

Ardent Financial Planning

The industry faces increasing financial pressures from increased regulatory hurdles, rising professional indemnity insurance, to simple business services and product inflation. How can advisers navigate this without burdening their clients with the price increases?

This was the challenge faced by Yorkshire-based Ardent Financial Planning. For the first time since its founding, it was facing the unenviable reality of raising its fees and communicating this to its clients.

But then they turned to the award-winning P1 Platform. Watch how the P1 Platform allowed them to raise their fees without passing it on to clients.

Watch Ardent's Story

“We were a little apprehensive because we were moving from a known to an unknown, but all the feedback from the team is that it's been pretty seamless...

Results have been excellent."

Gary O'Brien, Managing Director & Chartered Financial Planner, Ardent Financial Planning

RESULT: Protecting Margins

1.5 - 1.8 % all-in costs for clients

Ardent were able to increase their advice fee with no impact to their existing and new clients.

This was possible due to the 0.15% P1 Platform Fee, capped at £1m.

Key Benefits

The P1 Platform's competitive pricing allowed Ardent to pass virtually none of the increased operational costs onto their clients.
The paperless nature of the P1 Platform streamlined administrative processes, significantly saving time and improving service for Ardent's client base.
The P1 Platform's modern infrastructure and app functionality are well-suited to meet the evolving needs of both Ardent’s current and future generations of clients.