Timeline, a trailblazer in the British fintech landscape catering to independent financial advisers, announces its triumphant entry into 2024 with a staggering £4 billion in client Assets Under Management (AUM). This achievement is underscored by a doubling in both the number of adviser firms partnered with and the AUM since 2023.
Pioneering in Financial Advisory Services
Created six years ago by CEO Abraham Okusanya, Timeline has swiftly risen to prominence in the financial advice sector, which boasts over £1 trillion in client assets. The company arms Independent Financial Advisers (IFAs) with innovative technology, enhancing their operational efficiency, client service, and financial success in the UK.
Remarkable Growth and Recognition
Timeline’s growth in 2023 continued to impress, consolidating its status as “the UK’s fastest-growing discretionary fund manager” for the third consecutive year and joining the ranks of the top-10 Model Portfolio Services (MPS) according to Nextwealth. Additionally, Defaqto named Timeline the ‘most recommended MPS by Advisers’ in the same year.
Digital Solutions for IFAs
Timeline’s premier financial planning software offers comprehensive functionalities, including client intake, risk analysis, cashflow projection, and investment strategy. Coupled with Timeline Portfolios, these tools have become highly sought after by IFAs. Timeline’s cohesive package offers UK IFAs a seamless and cost-effective digital experience.
Abraham Okusanya, founder and CEO of Timeline, remarked:
“ 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.”
The Adviser 3.0 conference, initiated by Timeline in 2023 and featuring industry leaders like Baroness Karren Brady and Seth Godin, will welcome Deborah Meaden in its 2024 edition, gathering numerous advisers in May.
