CoreData: paraplanners and DFMs RDR winners

A survey of 1,323 advisers by CoreData found a large rise in outsourcing across the spectrum, as advisers increasingly begin to concentrate on client relationships. Extrapolating from the firm's database of 28,000 advisers, an extra 2,000 will be using a DFM or paraplanner by the end of the year, said principal Craig Phillips - a rise of 16%. "Advisers fully outsourcing is set to rise 60%," he said. "It's from a very low base - 4% of advisers currently fully outsource, which will rise to 5.9% - but partial outsourcing will also become more common." "It looks like advisers are going...