*This article is produced in partnership with BT

This year marks the tenth anniversary of the launch of BT Panorama. As we approach this milestone, it’s not only a time for celebration and reflection but also a moment to consider the future for wealth management platforms in the years to come.

The past decade has been one of transformation within the wealth management industry, marked by regulatory shifts, technological advancements, and evolving investor preferences.

Our industry is always evolving, and we continue to embrace the future, striving to shape the next decade of financial advice, and empowering advisers to enable quality financial advice to thrive.

Evolving from BT Wrap

The genesis of BT Panorama traces back to the beginning of the millennium when BT led technological innovation in the advice industry, with the introduction of the wrap platform concept. Recognising the need to adapt to the changing landscape of financial advice to meet the growing needs of advisers and their clients, we embarked on a strategic journey of self-disruption, resulting in the birth of BT Panorama. From this point on, through BT Panorama, we have been creating better futures by empowering more Australians to achieve their financial goals. ​

Today, our platform demonstrates our commitment to empowering advisers with a comprehensive suite of solutions, including a diverse product menu, dedicated sales support, an intuitive user experience, and transparent pricing. We are continually focused on creating efficiencies for advisers through improved reporting and functionality, an extensive range of managed account solutions and exceptional customer service and support.

What do the next 10 years hold?

Wealth management platforms of the future need to develop to better cater to the needs of their clients. We see this playing out in three key ways: