03 December 2018
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Mike Webb: "A DFM service often comes with a whole swathe of products to suit a range of different investment needs."
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...
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