Cofunds has reached over 20bn of assets under administration (AUA), an increase of over 25% since the beginning of 2009, during which time Cofunds has also retained its 17% share of the total UK platform market.
Brett Williams, Chief Executive at Cofunds said: This is a real achievement for the business. To surpass the 20bn AUA mark is a significant milestone for Cofunds. However, we recognise that we have achieved this position because of the support of advisers. Our goal has been to help advisers by building a strong proposition that allows them to deliver their chosen financial planning solution. We have more exciting developments in the pipeline that will be rolled out in the coming months further enabling adviser to run their businesses more easily.