Advisers: Dare you submit your investment portfolios for review?

Earlier this year Professional Adviser looked at the experience of one adviser firm that had submitted its model client portfolios for independent assessment. We look at the matter here in some more depth. The issue is clearly top of mind for the regulator. Whether you in- or out-source your client portfolio construction, the buck remains firmly with the adviser. So how does the adviser building its own portfolios derive confidence that the solutions it offers for clients are robust, and would stand up to independent scrutiny? One simple answer is to subject your portfolios to just...