Big-name discretionary managers struggling to gain adviser market share - research

80% advisers use MPS

clock • 1 min read
Big names such as Quilter/Quilter Cheviot, Brooks Macdonald, Brewin Dolphin, LGT Vestra and Tatton are struggling to dominate
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Big names such as Quilter/Quilter Cheviot, Brooks Macdonald, Brewin Dolphin, LGT Vestra and Tatton are struggling to dominate

Big-name discretionary investment managers (DIMs) such as Quilter/Quilter Cheviot, Brooks Macdonald, Brewin Dolphin, LGT Vestra and Tatton are struggling to gain market share among financial advisers, as they opt for smaller investment firms instead, research shows.

According to the latest Financial Advice Business Benchmarks report from the Personal Finance Society and NextWealth, 67% of 278 financial advisers surveyed that use DIMs for outsourced models or bespoke...

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