Most advisers looking to outsource - research

According to a recent survey carried out by wealth manager Heartwood polling 178 advisers, almost half (43%) already outsource client portfolios to DFMs with a further 13% set to do so. Furthermore, among those already outsourcing, over a third (36%) plan to increase the number of client portfolios managed by a third party. Heartwood said the Retail Distribution Review (RDR) has boosted the popularity of outsourcing solutions. When selecting a DFM, an overwhelming 90% of those polled cited track record as a vital consideration, followed closely by a pledge the core client relations...