Founded in 2005, Ascentric established itself as a leading wrap and wealth management platform in the UK. It provides financial advisers with the technology, tools, and administrative services to manage their clients' investments efficiently across a wide range of tax wrappers, such as ISAs, GIAs, and SIPPs. In September 2020, the company was acquired by M&G plc and has since been fully integrated and rebranded as the M&G Wealth Platform, forming a core part of M&G's wealth management division. The platform continues its mission to support financial advisers by offering a comprehensive, technology-driven solution for investment administration and client portfolio management.