Ardan awarded B rating by AKG

Ardan International Ltd has received its first financial strength assessment rating and report from specialist firm AKG and it has provided a clear, independent appraisal of the Platform’s strong positioning.

The report awarded Ardan a B rating (strong) for financial strength and four stars for service.

Noting the success of Ardan’s new platform, launched in September 2020, AKG said: ‘Ardan International has significantly reanimated its proposition and capabilities. As such, there are certain similarities with a young or start-up business, albeit with a more established brand and customer base.’

It said Ardan had shown ‘extraordinary resilience’ during Covid-19.

And AKG’s report also commented on the benefits of International Financial Group Ltd (IFGL’s) ownership of Ardan: ‘As part of IFGL, Ardan International derives significant financial strength from being part of a group which holds a good level of solvency throughout all entities.’

‘Over the last 12 months the Platform has strengthened its management team and put a lot of focus and investment into the improvement of customer service to ensure advisers and their clients receive the best levels of service,’ said Sarah Dunnage, Ardan CEO.

‘Being part of IFGL affords Ardan strength and security and access to group resources like Marketing, Legal and IT.’

Ardan has been on an upwards trajectory over the last few years. Assets under administration (AUA) have increased by 21% since the start of the year.

This report is part of the launch of a new International Platform sector for AKG, complementing the existing Provider, Offshore, Platform and DFM sectors.