James Hay Partnership Expands Digital Offerings and Supports Advisers

James Hay Partnership has been working hard to expand its digital offerings, making it easier for financial advisers to manage their clients' investments. This is a significant development for the industry.

The partnership has introduced a range of digital tools and services to support advisers in their daily work. These tools include online platforms and mobile apps that enable advisers to access client information and manage investments on the go.

This expansion of digital offerings is a direct response to the growing demand for digital solutions in the financial services sector. By investing in digital technology, James Hay Partnership is helping advisers to streamline their work and improve their overall efficiency.

As a result of these efforts, advisers are now able to provide better support to their clients, thanks to the increased accessibility and convenience of James Hay Partnership's digital services.

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James Hay Partnership has seen significant growth in its financial performance. The company's assets under administration have reached £20.3 billion, a 16% increase from the same time last year.

The platform's digital drive has contributed to its profitable H1, with adjusted operating profit up 11% to £4.2 million.

James Hay Partnership has received recognition for its financial security, achieving an 'Excellent' FinalytiQ rating for SIPP financial security.

Here are some key financial highlights for James Hay Partnership:

James Hay's digital drive has contributed to its profitable H1, with assets under administration exceeding £20 billion. This is a significant milestone, up 16% from the same time last year.

The company's digital and operational efficiency drives have been key to its success. James Hay's SIPP financial security has been rated "Excellent" by FinalytiQ.

Investors can now apply, invest, and manage their SIPP completely online with James Hay's advanced technology. This convenient service has made it possible to do away with wet signatures and complex forms.

With its digital SIPP platform, James Hay has been selected by IG Markets for their new stockbroking service. This partnership will enable IG to offer trading at £8 per trade, falling to £5 per trade.

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Origo is planning to launch a digital loan service. This service will allow users to apply for loans online and receive instant approval.

The digital loan service will be available on the Origo app, making it easily accessible to users. Users will be able to apply for loans 24/7 from the comfort of their own homes.

Origo aims to make borrowing money more convenient and efficient. The digital loan service will use advanced technology to quickly assess creditworthiness.

The digital loan service will offer loans with flexible repayment terms. This will give users more control over their finances and make it easier to manage debt.

Origo is committed to providing a seamless user experience. The digital loan service will be designed with user-friendly interfaces and clear communication.

IG has partnered with James Hay to offer a digital SIPP as part of its new stockbroking service.

The partnership will allow investors to apply, invest, and manage their SIPP completely online without the need for wet signatures or complex forms.

IG selected James Hay based on the advanced technology that supports its SIPP solutions.

The digital SIPP platform from James Hay will be used for IG's new stockbroking service, which offers trading at £8 per trade, falling to £5 per trade.

James Hay has launched Property Authorised Investment Funds (PAIFs) on their platform, making it one of only a handful of platforms to offer this feature.

PAIFs allow tax-exempt investors more tax-efficient access to regulated collective investment in property.

The funds are available on James Hay's Investment Centre through various products, including SIPP, ISA, Offshore Bond, and General Investment Account.

Advisers can request additional PAIFs to be added to the platform at a later date.

This expansion of PAIFs on the James Hay platform provides investors with more options for their retirement wealth planning.

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James Hay Partnership has experienced impressive growth in recent years. In 2015, they reported a 92% increase in new SIPPs to 12,084.

Their customer base has expanded significantly, with net inflows of client investments reaching £3.1 billion, a substantial increase from £1 billion in 2014. This growth is a testament to the company's strong proposition and innovative approach.

The company's assets under administration for clients have grown by 19% to £19.5 billion, demonstrating their ability to manage and grow client wealth. Revenue has also increased by 19% to £43.8 million.

James Hay's commitment to innovation has led to the launch of new Managed services, further enhancing their proposition to customers and their advisers. This move is expected to drive continued growth and expansion.

To support their growth, James Hay has bolstered their Sales department with new appointments, including Platform Consultants and Strategic Account Managers. This strategic move will help them to better serve their customers and expand their market reach.

James Hay Partnership is committed to providing top-notch adviser support. They've recognized the importance of this, especially after experiencing a surge in calls due to pension flexibility.

To address this, they've prioritized restructuring their Customer Services. This will enable them to handle increased volumes and maintain high service levels.

Their focus on adviser support is a testament to their dedication to helping professionals like you succeed. They're taking proactive steps to ensure you receive the assistance you need.

At James Hay Partnership, they have a strong team in place to support their advisers. Richard Rowney serves as the CEO, overseeing the entire organization.

Their customer relations team is led by Stephen Sherring, who works closely with clients to ensure their needs are met.

Donna Bourne is responsible for organizational change, helping the company adapt to new challenges and opportunities.

Alison Longbottom leads the human resources department, focusing on employee development and well-being.

The team managers at James Hay Partnership are Malik Grada and Briony Peach, who work together to manage and support their teams.

Here's a list of the key people at James Hay Partnership:

James Hay Partnership is taking a major step forward in enhancing adviser usability and support. They're aiming to be considered a Centre of Excellence by advisers.

Their latest initiative focuses on Customer Services, which will be rolled out on May 1st. This is a direct response to the increased volume and duration of calls related to pension flexibility.

James Hay Partnership recognized a weakness in handling spikes in call volume while maintaining high service levels. They're restructuring their Customer Services to address this issue.

The company is prioritizing adviser support, which is a great move. This will help them better serve their clients and stay competitive in the market.

Richard Breavington, partner at RPC, comments on the fact that financial data is a crucial aspect of the James Hay Partnership.

James Hay Partnership has a long history, with Edmonds's previous experience spanning the company.

Edmonds's experience with the James Hay Partnership will undoubtedly bring valuable insights to the table.

James Hay Partnership has a limited presence in the UK, with only 2 offices located in London and Manchester.

Their services are also limited to a specific set of clients, mainly focusing on small to medium-sized businesses and individuals.

They have a limited range of investment options, primarily offering a selection of ISAs and SIPP products.