David Harvey’s Journey into Adviser Tech
In a recent episode of Adviser 3.0 The Podcast, Abraham Okusanya sits down with David Harvey, co-founder of Seccl. David recounts his career journey and the motivation behind founding Seccl, with a vision to deliver API‑first infrastructure that enables advisers and fintechs to build better client solutions.
The State of Adviser Tech
The conversation highlights the challenges facing adviser technology today. David argues that many so‑called “adviser platforms” fail to provide genuine technology solutions, often leaving advisers constrained by legacy systems. By contrast, Seccl’s open API architecture was designed to give firms the flexibility to innovate and integrate seamlessly with third‑party tools.
The Octopus Sale and Cost Structure
David reflects on the sale of Seccl to Octopus Group for £10m, sharing insights into how the acquisition has shaped the company’s growth. He also discusses Seccl’s cost structure, exploring whether advisers are adding margins to their costs and how flat‑fee pricing could create a fairer, more transparent model for firms and clients.
Personal Views on Money and Retirement
Beyond the tech, David shares candid thoughts on money and his own retirement plans. His approach balances pragmatism with a strong focus on future security, offering advisers a relatable perspective on planning for later life.
Why Advisers Should Listen
For advisers seeking to understand how technology and infrastructure are reshaping the industry, this conversation provides crucial insights. From open APIs to the economics of platforms, David’s reflections highlight both the opportunities and challenges in adviser tech today.
To listen to the full discussion, tune in to Adviser 3.0 The Podcast or explore more insights on Timeline.
