Best-kept secrets: How interim managers can help advisers

Is interim management one of the best-kept secrets of financial advice firm prinipals?

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Interim management has been the province of medium-larger sized intermediaries, but the tide is turning, writes Roderic Rennison...

Traditionally, intermediaries have been reluctant to pay for external support and advice. Instead, they may have looked towards providers for the necessary guidance. Interim management has therefore tended to be the province of the medium-larger sized advisory businesses, but all that may be about to change. Pre-Retail Distribution Review (RDR), interim managers will have been involved in providing marketing and business development advice.  Their role could have involved helping firms to segment their client bases, understand their costs, review the profitability of product and servi...

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