Fidelity FundsNetwork is launching a new third party discretionary management service for advisers.
Initially partnering with Vestra Wealth - the first discretionary fund manager (DFM) available on the platform - the service goes live this week and has been launched in response to demand from advisers for DFMs to manage client assets directly on the platform. "Advisers continue to look for new and innovative ways to support their customers and ensure that their business is ready for change," said head of FundsNetwork David White (pictured). "In recognition of this, we have decided to launch this new service to enable those advisers who use discretionary managers, to improve efficien...
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