Most advisers looking to outsource - research

clock

The majority of advisers favour outsourcing investment management to a discretionary fund manager (DFM), research suggests.

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Darius McDermott: The lessons from 2025 and opportunities ahead

Darius McDermott: The lessons from 2025 and opportunities ahead

'2025 has been a salutary lesson in the difficulty of timing markets'

Darius McDermott
clock 07 January 2026 • 5 min read
Trump, Modi and US-India trade tensions – who cares?

Trump, Modi and US-India trade tensions – who cares?

A bottom-up approach to finding hidden gems

Gabriel Sacks
clock 02 January 2026 • 4 min read
2026: Year of the racehorse or workhorse?

2026: Year of the racehorse or workhorse?

'Every year brings its challenges, and 2026 will be no exception'

Russell Andrews
clock 02 January 2026 • 4 min read