Fintech Twenty7tec has launched a web-based practice management and CRM solution for financial advisers.

The development of the new Finplan Wealth product is part of Twenty7Tec’s aim to deliver an affordable end-to-end proposition for financial advisers.

The fintech said it launched the new solution due to the demands placed on advice firms by the FCA’s new Consumer Duty.

Finplan Wealth offers third-party integrations with EValue, FE Analytics, FE Fundfeed, and Origo at no additional cost. It is also integrated with Twenty7tec’s mortgages platform Velocity and its digital marketing platform Communicate.

James Tucker, CEO of Twenty7tec, said: “It is our ambition to deliver a complete end-to-end proposition covering all aspects of financial advice, and this launch is the next stage in our continuous evolution.

“Advisers are tired of overpaying for technology that integrates poorly and delivers limited efficiencies – we aim to show them that it is possible to provide deeply integrated technology that delivers meaningful efficiency at a price that makes sense for their business.”

The solution is available from £93 per month.

Existing Finplan users will be migrated to the new solution.

Twenty7tec was created with the Mortgage Advice Bureau in 2014. The fintech moved into the wider wealth and financial advice market in 2022 with the acquisition of practice management solution provider Bluecoat Software.

It currently services over 1,000 financial advisers.