The Roadmap to £10bn Podcast

EP 3: The Unfair Advantage: What Vertically Integrated Models Get Wrong About Distribution Strategy

Zeyro | Enabling Financial Products to Market to the UK Season 1 Episode 3

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0:00 | 14:29

If your advisers, your platform, and your funds are all under the same roof, do you still need a distribution strategy? The answer might surprise you.

In this episode, Wayne and Gareth tackle a topic that often gets overlooked in conversations about fund growth: the vertically integrated model. The assumption is simple: if the money is already in the building, why worry about distribution? But as Wayne and Gareth quickly unpack, having a captive audience doesn't mean the hard work disappears. It just changes shape.

They explore why the justification for putting investors into internally manufactured funds actually needs to be more robust than for external funds, not less, how conflicts of interest within vertically integrated models have to be actively managed through governance, documentation, and independent oversight, why the unfair advantage of knowing your end client better than anyone else is only valuable if you use it well, what happens when consolidators bring multiple funds with overlapping strategies into the same group, and how to navigate that without harming investors.

Whether you're a standalone asset manager or part of a larger integrated group, the Roadmap to £10bn is as relevant to you as it is to anyone trying to scale. 

If you want to understand where your model sits and what it needs to work harder on, the Roadmap to £10bn package is the place to start: https://www.zeyro.one/roadmap-to-10bn-package