Nine in 10 advice businesses now use a CIP - the lang cat

The consultant's research, seen exclusively by Professional Adviser, found almost nine in 10 (86%) adviser firms now use a centralised investment proposition (CIP). And, of that 86%, almost half run advisory models, while fewer than 10% run discretionary models, as illustrated by the graph below. This compares with one-in-three who outsource some investment decisions to a discretionary fund manager (DFM) and more than 40% who use multi-manager or multi-asset strategies.                 For the remaining 14% who do not use a CIP, meanwhile, the lang cat marke...