As the industrialisation of model portfolio services (MPS) continues across the financial planning market, true alpha can be found in advice itself, delegates at the Personal Finance Society Summer Roadshow heard.
Speaking today (17 June) at the event near Cambridge, Pacific Asset Management partner head of UK solutions Ben Sears discussed the continued expansion of MPS but highlighted that advisers themselves bring the essential ingredient to good client outcomes. He told delegates: "The alpha is in the advice. The power is with you. You only need to look around at the number of private equity firms clamouring to get access to your businesses. "The alpha is in the planning and the trust that you build with your clients. "Therefore, if advisers are going to work with an investment partner, w...
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