Chartered financial planner Lee Fisher runs through the reasons why his firm chose to outsource its investment proposition to a DFM, weighing up the choices that had to be made and the efficiencies gained...
The decision to outsource your investment proposition is a huge one and was something our firm spent eighteen months agonising over. Many IFAs have been running in-house, risk-rated advisory model portfolios for several years, and will no doubt be extremely proud of how they have performed for clients. I know from experience that the personal service offered through such an approach is highly valued by clients and that many advisers enjoy speaking about the performance of their investment and pension portfolios at review meetings. It is therefore essential to make the right decision and ...
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