Big-name discretionary managers struggling to gain market share among advisers

Big-name discretionary investment managers (DIMs) such as Quilter/Quilter Cheviot, Brooks Macdonald, Brewin Dolphin, LGT Vestra and Tatton are struggling to gain market share among financial advisers, as they opt for smaller investment firms instead, research shows. According to the latest Financial Advice Business Benchmarks report from the Personal Finance Society…