OCM Wealth Management launches DFM platform

OCM Wealth Management said its Platform Plus product, currently used by ten staff internally, cuts fees for advisers using a DFM from 2.2% to between 0.75% and 1.25%. It claims to do this by eliminating the double charging of a traditional platform and DFM model. CEO Jason Stather-Lodge said the platform provided "the ultimate post-RDR solution" for advisers looking to streamline their business. "We set out to combine a discretionary asset management process, with a service that is both client-focussed and integrated with the IFA post-RDR," he said. "We've created a platform whi...