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DFMs gain as affluent clients move away from private banks

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Bespoke DFMs are gaining disgruntled high-net-worth clients from big name private banks amid concerns over service Bespoke DFM firms are winning business from private banks as high-net-worth clients feel they are being squeezed out in favour of wealthier clients. Ahead of RDR many private banks are focusing on ultra-high-net-worth clients,…

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