Investing in Inorganic Wealth Management Propositions

Given JP Morgan's experience did you ever consider developing an investment proposition in-house before deciding to go with Nutmeg? We are always looking at all the options, I think as I had outlined earlier our strategies to be a full service retail bank serving all of our customer needs and we'll use a mix of filled-in ourselves partner with the right partner if you find one. In a more broader picture do you think more people will pursue that the same inorganic route that you have of buying in wealth management propositions other major banks other major asset managers looking to similarly make consolidation plays in this space? "I think every players will have to do an evaluation for themselves what their strategic aspirations are,"