The rise of the planning-led advice firm

As centralised investment propositions (CIP) have grown, so has the governance burden of running them.  Our research with The Lang Cat found that monitoring alone takes 28% of the time firms spend managing their CIP.  Adding more clients means more checks – the usual economies of scale don't apply.  For many firms, this resourcing challenge has become a strong argument for outsourcing investment management to a specialist discretionary fund manager.  Although outsourcing doesn't remove the firm's oversight responsibilities, it changes what's required.  It reduces reliance on ...