Flying Colours has launched a new investment platform with Seccl to enhance its client offering.
The network aims to support both its full-service proposition and a new, lower-cost solution for clients with less than £150,000 in investable assets.
It currently manages £600m on behalf of more than 2,200 clients, with advice delivered through 26 advisers alongside a discretionary portfolio management service.
Since launching in 2014, Flying Colours has invested heavily in technology, including developing its own back-office systems and custom-built CRM, which now integrates fully with Seccl’s technology.
The new platform allows the firm to take greater control of its tech stack and client experience, improving efficiency, speed and accuracy.
Flying Colours selected Seccl as its platform partner in April and launched within four months, following full beta testing and its first client transfer.
The platform charge will start at 0.09% for the first £500,000, reducing to zero above £1m. The firm said most clients will save significantly compared with current platform costs, if a transfer is suitable.
Group chief executive Garry Appleton said: “I’m thrilled to be launching our own platform, The Flying Colours Platform – a bold step forward that will transform how we deliver value to our clients.
“Powered by Seccl’s technology and our own CRM system, it will supercharge the way we work by streamlining workflows and driving efficiency.
“More than just a technology launch, this reflects our commitment to innovation and future-ready service.”
Seccl executive chair David Ferguson added: “Flying Colours is a brilliant and forward-thinking firm.
“That they were able to complete the launch of their new platform in under four months shows that meaningful change doesn’t have to take years or cost the earth.”
