Nick Walker explores the differences between reliance on other arrangements with discretionary investment managers and the alternative agent as client...
The nature of the relationship between advisers and discretionary investment managers is changing, our experience suggests. We have seen 61% of new Ebi members (in 12 months to 27/06/24) opting for a reliance on others (ROO) arrangement as opposed to agent as client (AAC) but what are key differences between them? Comparing ACC and ROO There are two main ways advisers may wish to contract with a discretionary investment manager (DIM); ROO and AAC. The main difference between the two is who the DIM treats as their client. This relationship depends on the advisers'/investors' prefe...
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