53. The evolution of tax advantaged platforms with Dan Rodwell of GrowthInvest

Platforms are part of the essential plumbing for advisers and investors in most investment areas, but the tax-advantaged space has lagged mainstream markets. Dan Rodwell, CEO of GrowthInvest, comes on to discuss why that is and how they are looking change it.

GrowthInvest has been on a journey itself, so we start by finding out how it has evolved and why. We chat about the tax advantaged market as whole, the additional complications that this space brings for platforms and what can be done about them. We also dig into the challenge of platforms getting to profitability, with Dan setting our clear benchmarks and how & when he thinks GrowthInvest will get there.

With GrowthInvest announcing it is taking on Kuber's former clients, we explore the failure of the latter. We get Dan's perspective on what went wrong there and what lessons he takes away from it. We also discuss the recent transaction and what it means for Kuber's former clients, GrowthInvest and the market as a whole.

GrowthInvest website: https://growthinvest.com/

GrowthInvest email: enquiries@growthinvest.com

Suggested books:

Factfulness by Hans Rosling

Bio

Dan Rodwell: Chief Executive Officer, GrowthInvest

Daniel is the founder and CEO of GrowthInvest, a market leading adviser platform specialising in tax efficient and alternative investments. Prior to this he managed institutional and private funds in equities and derivatives for nearly 20 years. Daniel managed the UK division of Van der Moolen Equities AG and founded the equity derivatives boutique Ten Derivatives LLP.

Daniel has been an Angel Investor for over 15 years, and mentors a number of high growth businesses, focusing on digital transformation. He is passionate about increasing efficiency in the alternative investment sector, having been a driving force in the digitisation of Open Outcry traded products in the late 1990s.