Conclusion

A year on from RDR implementation and we have seen an increase in the choice of DFM solutions. Some are variations on traditional services, while some are new investment offerings and there are some new ways of accessing them for clients.

So have DFMs come of age? They are getting there, but there is still more to come.

Frank Potaczek is head of insight and consulting (fund management) at Defaqto

In December, Defaqto issued its latest DFM-related guide – focused on Unitised Discretionary Fund Management – you can download this publication and access a wide range of insight on discretionary management from the DFM Zone .