Quarter of advisers saw 10%-plus pay rise after adopting DFM model

Tom Ellis
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Mike Webb: "We hoped to shine a light on the drivers of the shift to DFM and the impact it can have on advisers."
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Mike Webb: "We hoped to shine a light on the drivers of the shift to DFM and the impact it can have on advisers."

One-quarter of financial advisers have seen a pay rise greater than 10% after adopting the use of a discretionary fund manager (DFM), research for Rathbones undertaken by CoreData has suggested.

Rathbones' Value of discretionary fund management report, which is based on a study of 100 financial advisers, found one-in-eight (12%) advisers saw a pay rise of more than 20% after outsourcing their...

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