Consultancy offering for financial advisers, platforms, life & pension providers
London, 17 October 2022: Alpha FMC, the leading global consultancy to the asset management, wealth management and insurance industries, today announces the launch of a Retail Distribution & Advice (RDA) practice within its UK insurance consulting business.
The RDA practice works across the value chain to help financial advice firms, platforms and life and pension providers transform and grow their businesses in line with consumer needs. The practice will deliver best in class consulting services, helping clients with strategy development, proposition design, operating model optimisation and business transformation.
The RDA team comprises both ex-industry practitioners who have a deep understanding of these organisations and experienced consultants who have worked across a variety of clients and transformation initiatives in this market. The team has been at the forefront of transformation in the retail distribution and advice market segment for some time, managing a large number of key strategic programmes across a range of clients. The growth in this market has accelerated the requirement to formalise a distinct RDA practice.
Alpha’s new RDA practice will form part of the insurance consulting proposition for clients. This follows significant growth in the Alpha Group’s insurance consulting business in the last two years, as it aligns itself to the evolution of market participants and their transformation needs.
Through this practice, we hope to support organisations develop and launch new services, achieve transformation goals and grow their businesses. We want to help them satisfy future customer demand and drive value to shareholders. Ultimately, these companies are trying to demystify investing, reduce the advice gap and provide personalised and interactive experiences to their customers – and we think Alpha’s RDA practice has a pivotal role to play in helping them achieve this.Bradley Northrop, Head of Retail Distribution & Advice, Insurance Consulting
We are delighted to see the launch of the RDA practice and extremely excited about being able to offer our consulting services to an increasingly broad range of clients within the industry. Alpha continues to go from strength to strength, and our expansion of the insurance consulting offering – such as the RDA practice – will play an increasingly important role in establishing Alpha as the consultancy of choice for asset management, investment and insurance organisations.Stuart McNulty, Global Head of Insurance Consulting