Last Updated on: 9th January 2024, 05:21 pm
Timeline, a leading British fintech entity focussed on empowering independent financial advisers, has proudly announced surpassing £4 billion in client Assets Under Management (AUM) as it steps into 2024. The company has impressively doubled both its adviser firm collaborations and AUM in the past year.
Revolutionising Financial Advisory Services
Founded six years ago by CEO Abraham Okusanya, Timeline has rapidly gained recognition as a revolutionary force within the established financial advice sector, which commands over £1 trillion in client assets. The company provides Independent Financial Advisers (IFAs) with innovative technology to streamline their processes, enhance client experiences, and ultimately boost financial outcomes throughout the UK.
Continued Growth and Industry Recognition
Timeline’s growth trajectory in 2023 further solidified its reputation as the “UK’s fastest-growing discretionary fund manager” for the third consecutive year. It earned a spot among the top-10 Model Portfolio Services (MPS) according to Nextwealth and was distinguished as the ‘most recommended MPS by Advisers’ by Defaqto in 2023.
Digital Advancement for IFAs
Timeline’s top-tier financial planning software, encompassing modules for client fact-finding, risk assessment, cashflow modelling, and investment analytics, along with its Timeline Portfolios, continues to attract IFAs. Its integrated package offers a comprehensive digital experience, significantly reducing costs for UK IFAs.
Abraham Okusanya, founder and CEO of Timeline, commented:
“ I’m truly delighted that our mission has resonated so deeply with financial advisers. Starting the year with over £4 billion of clients assets invested in better, lower cost portfolios, aligned with their goals, is ultimately reflected in the tens of thousands of end clients and their families who are now facing a better financial future.
The UK’s financial advice market represents a staggering £1 trillion in client assets. Everybody in the industry now recognises Timeline as the unstoppable rocket ship on a mission to make financial life and retirement better for millions of people. We aspire to be the Number One provider of technology-powered Model Portfolio Services for IFAs within the next three years.”
Timeline was the brainchild behind the Adviser 3.0 conference in 2023, a major event in the financial advice sector featuring Baroness Karren Brady and Seth Godin. The 2024 conference is set to welcome Deborah Meaden among a gathering of hundreds of advisers in May.
