The benefits of an in-house DFM propositions

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...