Dealing with a specialist or generalist? The due diligence value

Speaking to PA, Karelse shared the ways he helps advisers with their due diligence processes and why it is important for them to take it seriously. As part of his role, the senior analyst helps research and select funds for advisers to use. For advisers, the key is preventing their clients from harm, especially considering Consumer Duty. "You are giving your client's money to someone else to trust, so undertaking that research before do you so is crucial," Karelse said. "You want to do the right thing for the right client, so you have to find the right solution." He noted that t...