As a leader in the British fintech sector, Timeline announces its entry into 2024 with a notable £4 billion in client Assets Under Management (AUM), marking a significant increase in both adviser firm partnerships and AUM since 2023.
Revolutionising the Financial Advisory Industry
Since its inception six years ago by CEO Abraham Okusanya, Timeline has emerged as a significant force in the financial advice market, with over £1 trillion in client assets under its purview. The company provides Independent Financial Advisers (IFAs) with cutting-edge technology, revolutionising their workflow, client interaction, and financial results across the UK.
Sustained Growth and Industry Endorsement
In 2023, Timeline continued its impressive growth, retaining its position as the “UK’s fastest-growing discretionary fund manager” for consecutive years. It also ranked among the top-10 Model Portfolio Services (MPS), as per Nextwealth, and was acclaimed as the ‘most recommended MPS by Advisers’ by Defaqto.
Enhancing IFA Performance Digitally
Timeline’s advanced financial planning software, covering aspects like client discovery, risk profiling, cashflow planning, and investment analytics, along with its Timeline Portfolios, remains highly popular among IFAs. The integrated solution offers IFAs in the UK a streamlined and cost-efficient digital experience.
Abraham Okusanya, founder and CEO of Timeline, expressed:
“ 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.”
Timeline also initiated the Adviser 3.0 conference in 2023, a major industry gathering featuring Baroness Karren Brady and Seth Godin. The 2024 event promises the presence of Deborah Meaden, attracting numerous advisers in May.