To outsource or not to outsource
By Simon Brett, Chief Investment Officer, Parmenion
With clients becoming more technologically-enabled and a growing audit burden weighing down advisers, Simon Brett asks when is the right time to consider outsourcing the investment process to achieve better client outcomes.
A recent survey carried out by support services company Threesixty found 87% of Advisers currently use the services of a discretionary fund manager (DFM), either through third-party platforms or directly.
Managing investments can be enjoyable but at the end of the day, more and more Advisers are asking themselves if they have time to focus on the investment process thoroughly and professionally.
Many Advisers have moved from stock picking to model portfolios on an advisory basis but now, being challenged with the ongoing management, are looking to the discretionary approach to achieve more effective client outcomes.
To read the full article, click here.
The full article was published in Financial Planning Today in their July – August edition
“The above article is intended to be a topical commentary and should not be construed as financial advice from either the author or Parmenion Capital Partners LLP. If a client wishes to obtain financial advice as to whether an investment is suitable for their needs, they should consult an authorised Financial Adviser. Past performance is not an indicator of future returns.”
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