Melissa Canham
By Melissa Canham on December 12, 2023

Timeline Portfolios amongst the fastest-growing DFMs

NextWealth has once again ranked Timeline Portfolios amongst the fastest-growing DFMs, measured by net asset growth and percentage increase in the year!

Despite only launching Timeline Portfolios in 2020, in the space of 3 years we have rocketed into the top 10 largest DFMs by AUM. Now holding the number nine slot, we have grown by a huge 133% this year with £3.2bn in assets up to September 2023. Our percentage growth is unmatched by any other firm in the top ten.

This affirmation by NextWealth tops a fantastic year for us, in which we have also been named ‘The most recommended MPS by Advisers’ by Defaqto.

These accolades wouldn’t have been possible without the support of all of our advisers and incredible team - so a big thank you to everyone who has been part of the journey. We have some incredible plans for 2024! 

The wealth management sector continues to view Managed Portfolio Services (MPS) as a strategic driver of growth. According to NextWealth, MPS fees have experienced a consecutive two-year decline which highlights ongoing pressure on Discretionary Fund Managers (DFMs) regarding MPS fees. Timeline has challenged the sector to the benefit of end-clients by making sure our proposition and price remain unmatched, from just 0.09bps.

While reduced fees seem to spur a more rapid growth of advised assets, Heather Hopkins highlights that ‘cost alone isn’t king when it comes to asset growth’. That’s why at Timeline Portfolios, our low-cost combination of financial planning tools, turnkey model portfolios and powerful reporting give forward-thinking advisers a competitive edge.

If you would like to find out more about Timeline Portfolios and our proposition, get in touch with our team.

Published by Melissa Canham December 12, 2023
Melissa Canham