Tom Newbould
By Tom Newbould on January 10, 2024

Timeline Rockets Beyond the £4 Billion AUM Milestone, Simultaneously Doubling Collaborations with Adviser Firms

We're proud to announce that we've kickstarted 2024 with an impressive £4 billion in client Assets Under Management (AUM). This meant in 2023 alone, we more than doubled both AUM and the number of adviser firms we work with, all thanks to the support and dedication of our wonderful clients.

A trailblazing force for Financial Advisers
Founded just six years ago by our CEO Abraham Okusanya, Timeline has since become recognised as a trailblazing force in the long-established financial advice market worth over £1 trillion in client assets. Our aim is to empower Independent Financial Advisers (IFAs) with cutting-edge technology that simplifies their workflow, elevates the client experience, and ultimately improves financial outcomes for millions of people in the UK.

Fastest growing and most recommended MPS
In 2023, we continued our remarkable growth trajectory, building upon our recognition as the 'UK's fastest-growing discretionary fund manager' for both 2021 and 2022, breaking into the list of top-10 Model Portfolio Services (MPS) compiled by independent research firm Nextwealth. We quickly outpaced the largest MPS provider in the UK in new business generation while Defaqto recognised Timeline as the 'Most Recommended MPS by Advisers' in 2023.

Benefiting IFAs with a seamless digital experience at a lower cost
Our best-in-class financial planning software, which includes modules for initial client fact-finding, risk profiling, cashflow modelling, and investment analytics, in addition to Timeline Portfolios—a suite of cost-effective, high-performing investment portfolios continues to appeal strongly to IFAs. What sets us apart is our capacity to deliver these tools as an end-to-end integrated package, ensuring IFAs in the UK benefit from a seamless digital experience, while also realising significant cost savings.

Our Founder and CEO Abraham Okusanya 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.

Interested in finding out how Timeline can support your journey? Get in touch with our team or speak to your regional contact today.

Published by Tom Newbould January 10, 2024
Tom Newbould