SS&C Technologies Holdings, Inc. announced that The Private Office (TPO), a prominent independent Chartered Financial Planning firm in the U.
K., has extended its service agreement with SS&C Hubwise, continuing support for TPO’s digital-first wealth management platform and related services.
SS&C Hubwise provides a comprehensive suite of services to TPO, including customer service, dealing, custody, settlement services, and Client Assets Source Book (CASS) regulatory support. This partnership aims to equip U.
K. businesses like TPO with efficient solutions for distribution and automation, allowing them to concentrate on serving advisors and end clients.
Stuart Phillips, CEO of The Private Office, commented on the extension, stating, “We have long used SS&C’s technology and services to scale our business and support our team in providing first-class advice and solutions to our end clients. This contract extension demonstrates the strength of SS&C’s offerings and our confidence in them. We look forward to further collaboration as SS&C Hubwise continues to grow and expand the range of capabilities on its platform.”TPO leverages SS&C Hubwise to support over 50 advisors who serve 2,900 clients, managing USD 2.8 billion in assets under advisement. In collaboration with SS&C, TPO developed TPO Invest, a digital-first advisor platform that offers access to various investment products through an intuitive interface. This platform enables advisors to deliver a range of client and reconciliation services, including pensions management, investing, tax planning, and cash management.
Spencer Baum, Senior Director, SS&C Global Investment & Distribution Solutions, and head of SS&C Hubwise, expressed satisfaction with the continued partnership, noting, “We are pleased to continue to develop and enhance the relationship with the team at TPO. Our business continues to grow as wealth managers seek out modern technology for today’s market needs.”The Private Office, founded in Leeds in 2008, is the largest independently-owned Chartered Independent Financial Advice firm in the U.
K. It serves over 5,000 individuals, businesses, charities, and trusts, managing more than £2.75 billion of clients’ funds. The firm employs 52 advisors supported by a team of technical experts, including specialist pension advisers with necessary Financial Conduct Authority (FCA) permissions. TPO has been recognized as a VouchedFor “Top Rated Firm” for six consecutive years.
SS&C Technologies, established in 1986 and headquartered in Windsor, Connecticut, is a global provider of services and software for the financial services and healthcare industries. With offices worldwide, SS&C serves over 22,000 financial services and healthcare organizations, offering expertise, scale, and technology solutions.
