DFM

Fees charged by discretionary fund managers to platforms are set to face the same downwards pressure being seen elsewhere in the industry, Nucleus business development director Barry Neilson has predicted.

Advisory firm Saunderson House is planning to launch a discretionary service later this year in a bid to broaden its investment offering.

'Wealth managers are at the mercy of fund managers on costs'

Canaccord Genuity's Lucy Mitchell has joined Smith & Williamson as an associate director tasked with developing its discretionary proposition.

FE has launched a new service comparing the model portfolios offered by discretionary fund managers (DFMs).

Investment and financial planning businesses Jonathanfry and Easby Gale and Phillipson (EG&P) have completed a merger to form a company running £700m of clients' funds.

Brooks Macdonald has launched five new risk-rated portfolios, doubling the number of strategies in its managed portfolio service (MPS).

Hargreaves Lansdown is planning a push into the asset management arena which could see it hire external fund teams and market its services to advisory businesses in future.

Tinder, Match, or speed dating: The DFM/platform relationship

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