“We have already carried out due diligence and as a firm have a panel of 3 platforms. For each client recommendation, we need to see which of the 3 providers is the cheapest”
Simon has tried to do cost comparisons with a spreadsheet but this only looks at year 1 costs so isn’t very accurate.
WrapCompare is the perfect tool for this job! Simon can use the filter feature so that his 3 chosen platforms are the only ones included in the search. He can then input his client’s investment amount, term, projection rate (and any fund costs, adviser charges) and then see which platform of the 3 is the cheapest. The search he does on WrapCompare is client specific and will show the costs in the early years as well as over the whole term. Quick, simple and robust. He can also produce a PDF report for the client and the file to evidence his research.