Daintree Wealth Management partners with AJ Bell’s Custody Solutions business

Daintree Wealth Management has partnered with AJ Bell Custody Solutions, a ‘model B’ solution for adviser and wealth management firms.

The custody, dealing, and administration platform solution is powered by AJ Bell and targets advisers that want access to scale while keeping more control and flexibility over the client experience.

Firms that partner with AJ Bell Custody Solutions own the client proposition, while the underlying operational and back-office proposition, including custody, trading, and administration, is provided by AJ Bell.

Partner firms can also set their own rates for platform or custody charging and are able to use their own branding within the model B platform infrastructure.

AJ Bell advised managing director, Mark Rendle, said the Custody Solutions business had gone from “strength to strength” over the past two years.

“We’re delighted to have Daintree on board and are excited to support them as they continue to grow and deliver great outcomes for clients,” he continued.

“Amid a constantly evolving and increasingly complex tax and regulatory backdrop, ensuring advisers are equipped with the full range of tools they need to help clients is more important than ever.

“Model B solutions are becoming an increasingly vital part of the toolkit required to properly support advisers in that environment and we believe we are well placed to build on our momentum, allowing advisers to truly feel-good advising.”

Daintree Wealth Management founder and CEO, Mark Parello, added: “When reviewing our platform strategy, it was important for us to find a partner that could provide the operational scale and expertise required to support our future ambitions, without compromising our ability to deliver a distinctive client experience.

“AJ Bell Custody Solutions offers the right combination of flexibility, technology and operational support, allowing us to retain control of our proposition while benefiting from the strength of an established custody partner.

“We look forward to building a successful relationship and continuing to enhance the service we provide to clients.”

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