Surely the last thing advisers need is more committees, right? Wrong. Rebecca Jones explains why firms should set up their own crack investment panels.
A number of considered arguments exist that claim we might, perhaps, all get a lot more work done if we had fewer committees and committee meetings – not more. So why, when advisers are struggling to keep up with the whims of the regulator and the fickleness of providers and clients, should they consider setting up an internal investment committee? Well, because it could very well help their businesses. “To be able to service my clients, I think an investment committee is an absolute necessity. You get people’s ideas come together rather than just one person’s view, then you can marke...
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