Informed Decisions (Itm)

Originally established in 2010 as Legacy Asset Systems, the business was acquired by ITM Limited in April 2014 and under the new brand "Informed Decisions" is being further developed by a team that have experienced firsthand the issues surrounding legacy data within the rapidly changing financial services world. Members of the team have run some of the UK's largest and most high profile adviser businesses and have been deeply involved in the emergence of platforms at every level, having provided institutionally robust software and data solutions to the life, investment and pension industry for over a decade. ID provides a range of services to assess the suitability for transfer of legacy assets recorded in adviser back office systems and electronic sources to new alternatives such as platforms and new destination funds. These services provide a wide range of advantages to advisors and their clients and are particularly beneficial for IFA businesses seeking to move various segments of their clients to new wealth management business models. The objective is to ensure that all advised solutions, whether assets are transferred or not, are entirely appropriate. In the process, advisers will frequently be able to increase their recurring income. The resulting 'payback' period for adviser firms will typically be no more than 12 months and can be as short as 3 months.