Advisers are not asking the right questions when doing due diligence on discretionary fund managers (DFM), one such firm has said, in response to criticism it is "impossible" to compare their costs and services.
'What are you charging' is frequently asked - instead of more specific questions - and can be answered in "various ways", making direct cost comparison more difficult, according to Thesis Asset Management...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till