The benefits of an in-house DFM propositions

DFM

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Bob Fraser, senior client partner for the North West area at Towry, explains why an in-house DFM proposition can be the most beneficial model for client advice.

With the Retail Distribution Review (RDR) rapidly approaching, one key decision many advisers are facing is whether to utilise the services of a discretionary fund manager (DFM) to help them manage their investment process. An equally important decision to make is whether to offer clients an internal or outsourced discretionary management proposition. Choosing a DFM In choosing the most appropriate solution, advisers need to determine the features they want a DFM to provide. Most DFM firms will offer some, but not all, of the desired features. With this in mind, an outsourced solution...

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