Reconcile investments onto a single platform

IvanOpinion

At the minute my investments are split across multiple platforms inc. II (ISA, SIPP), Fidelity (ISA), Halifax (ISA, shares), Nutmeg (ISA), Equiniti (shares), plus other shares and my current company pension (which I can't move) - they amount to a significant sum.  It takes me a while to go through all the different sites collating the information.

Is there anything fundamentally wrong with reconciling these onto a single platform?  Do I increase any risk?  Or is it better to keep separated across multiple platforms?

dunstonh

Is there anything fundamentally wrong with reconciling these onto a single platform?

No.

Do I increase any risk? 

Only by such an insignificant amount that its not worth worrying about unless you go non-mainstream to a little minnow that is not profit making.

JamesRobinson48

I too choose to split my shareholdings between several different platforms. I feel this mitigates the potential inconvenience if one of them were to have a significant systems outage, major operational fail or lose its operating license. Much the same as I have current accounts with several different banks. It also reduces the potential loss if a fraudster were to gain access to my account on any one platform. Finally, while I certainly have nothing to hide,  I prefer not to gratuitously allow any one financial institution full information about my investment positions.

Albermarle

Although the chance of a disaster happening with a mainstream player seems to be miniscule , it is probably sensible not to have all your eggs in one basket, even if it just gives you peace of mind . However the OP could probably benefit from a tidy up and maybe save a few quid on fees at the same time. 

DireEmblem

I don't think there is an automated platform that does this, however that being said I think MoneyDashboard is looking to integrate Nutmeg.

Could you get contract notes sent to gmail, and then write a script to pull into google sheets?

IvanOpinion

Thank you everyone for your input. 
Albermarie, fees is one of my considerations.  I already pay II for both an ISA and a SIPP so to transfer everything to there would save me quite a bit of money in fees each year.  I should add that I am a buy and hold type of guy so dealing fees is not really an issue.
DireEmblem, I had tried a scripting approach and when they realised I had got it just right they deliberately changed the format of their data just to annoy me (do you think I am taking it too personally?) - so I gave up on that idea.