The case for acquiring DIM capability...and how to do it

There are only about 190 adviser firms in the UK with discretionary permissions, according to Threesixty head of client relationships Tony Bray. The reason? "It's simply too difficult for many firms," Bray told delegates at a Raymond James conference in London. "The perception is that acquiring DIM permissions is not that difficult, as advisers believe they already have an investment approach. But don't underestimate the amount of work needed behind the scenes." For those who make the effort they will be joining a select group, and one which Bray said are in demand. "Increasingl...