Fundment launches two tools to increase adviser control

The adviser fee flexibility (AFF) tool allows adviser to set, control and manage fees by applying account-specific charges to clients. The tool also allows advisers to see current and projected fees across all clients. Fundment chief executive Ola Abdul said: "Advisers should have full control of their fees at both a firm and client level". The advisory portfolio management (APM) tool, meanwhile, allows advisers to request approval from every client invested in a portfolio each time it is amended. A control that is "enjoyed by discretionary managers", according to Fundment.  When a...