Discretionary Management  

How to manage client risk

This article is part of
Guide to MPS and outsourcing to a DFM

“For bespoke DFM portfolios, DFMs have an obligation under the FCA rules to undertake suitability assessment (with the IFA) and reporting requirements with the client, however modern DFMs will always communicate with the IFA their preference towards access to their clients.

Ima Jackson-Obot is deputy features editor at FTAdviser 

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