DFM for High-Net-Worth Clients: What Changes Above GBP 1m
DFM for high-net-worth clients: how UK advisers should set the mandate, control fees and CGT, and test custody and reporting above GBP 1m.
Editor, Wealth Management Professionals
Jonny is a digital strategist and financial services writer with a focus on helping UK wealth advisers navigate practice growth, technology, and the shift towards independence. He writes about the practical realities of running a modern wealth management practice.
At Wealth Management Professionals, Jonny covers the topics that matter most to advisers serving high net worth clients: regulatory change, platform selection, investment propositions, and the operational decisions that shape long term business value.
His writing draws on first hand experience working with financial services businesses and a genuine interest in how the UK wealth sector is evolving.
DFM for high-net-worth clients: how UK advisers should set the mandate, control fees and CGT, and test custody and reporting above GBP 1m.
No MPC meeting in August 2026: after 30 July the next rate decision is 17 September. How UK advisers should handle client conversations across the gap.
Agent as client vs reliance on others: how the two DFM structures allocate responsibility, FOS access and Consumer Duty obligations for UK advisers.
Centralised investment management for advisers: run portfolios in-house or outsource to a DFM or MPS? Costs, permissions, Consumer Duty and how to decide.
How discretionary investment management is regulated in the UK: FCA permissions, COBS suitability, client agreements, reporting and best execution for advisers.
How wealth advisers should guide a client through a sudden windfall, from inheritance to a business sale. A practical framework for sudden wealth management.
Where AI genuinely saves UK financial advisers time: meeting notes, suitability reports, client comms, and the Consumer Duty guardrails that keep it safe.
How advisers and HNW clients can vet a wealth manager's stewardship and governance credentials: the questions and evidence that separate substance from spin.
How UK advice firms should run an investment committee under Consumer Duty: charter, cadence, MI pack, decision rights, and what minutes must record.
We use cookies to analyse site traffic and improve your experience. By clicking "Accept", you consent to the use of analytics cookies.