The discretionary fund management (DFM) landscape continues to be dominated by a select number of major players despite the increase in the popularity and service provision of some smaller operators, Defaqto has found.
The firm's 2023 DFM satisfaction study, published last week, surveyed a total of 294 financial advisers between August and September last year. Fourteen categories of services were considered by the respondents. These categories are: financial strength and resource; brand; client on-boarding; existing business administration; investment flexibility and range of assets; range of options; ease of doing business; quality of investment staff; quality of administration staff; quality of literature; accessibility; online facilities; service; and remuneration. Cazenove, RBC Brewin Dolphin...
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