News & Insights

Discretionary Fund Management – The Choice of the Savvy Investor

The DFM Phenomenon

The popularity of DFM services among wealth managers and expat financial advisers has arisen as a result of various factors, including the advent of the canny client who demands a diversified portfolio that aligns with their wider financial objectives.

Of course, some investors may choose to invest directly into a multi-asset collective investment fund, but for others the portfolio service of Discretionary Fund Management may be a better match for their requirements.

This is partly because of certain regulatory and reporting features of a DFM service that make it easier for clients to view their portfolios for a transparent breakdown of trading and asset management. This aspect of the DFM service has been greatly aided by new technologies, and ongoing developments in this regard mean that is only likely that the client experience will be further enhanced over the coming years as technological solutions result in even greater transparency and efficiency.

And, of course, this efficiency is another key factor in the popularity of the DFM service. A DFM portfolio can be created and customised in a quick and cost-effective way that appeals both to advisers and their clients, saving time, money and unnecessary stress.

A Working Partnership

A DFM service is essentially a partnership between adviser, client and a fund manager. It is through this relationship that the client is able to develop a bespoke portfolio supported by two kinds of specialist expertise: the wealth planning experience of the expat financial adviser who understands the client’s needs and objectives and day-to-day portfolio management of the DFM firm who know and understand the markets.

The DFM Special Ingredient

In 2019 a survey of 289 financial advisers by Defaqto* found that as financial advisers have become increasingly more connected to DFM services, they have also become more demanding. However, despite the many technological advances that today benefit the DFM service, advisers still rate one key thing above all else: the quality of the people on the DFM investment team.

Access to the fund manager is a core feature of this personal requirement; a good fund manager should not only manage the portfolio effectively, they should also be available to speak with the adviser and the client directly. There is huge reassurance to be had from knowing that you can pick up the phone and speak directly with the person who is responsible for your money.

Blacktower – For Proven DFM and Trade Desk Services

Blacktower’s expat financial advisers can help with a range of services for investors, regular savers and retiring ex-pats. This includes access to an expert-led, bespoke discretionary fund management servicesupplied by industry experts Quilter Cheviot.

We look forward to assisting you in growing and managing your wealth. Contact us today for more information.

*DFM satisfaction survey 2019 –

Other News

The importance of proper retirement planning

Money in pilesRecently, the Financial Conduct Authority released its Financial Lives Survey 2017, which suggests that many savers lack understanding of how their pensions work. The survey gathered responses from just under 13,000 UK consumers and aimed to gain an insight into their experiences of retail financial products and services.

The FCA was concerned by some of the responses to its survey because they illustrated a distinct lack of knowledge among savers. For instance, around 13% of UK adults did not know whether they were paying into a defined benefit pension or a defined contribution pension.

Read More

Could you soon be paying more for your Dutch health insurance?

Doctor testing blood pressureMaintaining your physical health and wellbeing as an expat is often one of the most pertinent aspects of financial planning abroad. Without the NHS to fall back on for care, making sure you’ve got adequate health insurance in place is an essential part of your preparation when moving overseas.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information:

You are currently viewing the Blacktower Financial Management EU website.

You may be looking for the Blacktower United States website.

Blacktower United States > X Stay on this site

Or choose your country.