While advisers are increasingly accepting factors such as cost and potential loss of control are not the barriers to using a DFM they might have thought, says Mike Webb, one major misunderstanding persists
Among the principal barriers to adopting a discretionary fund manager (DFM) cited by financial advisers, it is the cost, the potential loss of control and the inability to justify their own fee to clients...
Coronavirus 'knocked positive momentum'
Fees 0.1% per annum or £20 per month
$17trn of debt is now ‘paying’ a negative yield
'Arm's length at a reasonable cost'
'Prepare a key insights document'
'Final piece in the puzzle'
Meets increasing demand
Latest purchase adds £382m FUM