Our CEO, Gary Neild, has been highlighted in a recent Citywire article discussing the innovative approach to investment strategies in the financial advisory sector. Gary, alongside Phill Dewhurst from Manchester-based Five Wealth, delves into the emerging trend of co-manufacturing portfolios with discretionary fund managers (DFMs), a model that’s gaining traction as a way to stand out in the crowded market of Model Portfolio Services (MPS).
In the insightful piece written by Joe Stonor, Gary shares his experiences in co-manufacturing with L&G Investment Management. He reflects on his initial concerns about maintaining influence over portfolio management but emphasises how the collaborative process has turned out to be both harmonious and beneficial, allowing for greater control over investment propositions.
The article highlights the growing buzz around co-manufacturing, as firms like Blue Sky seek to differentiate themselves. Gary and Phill discuss how this model alleviates the regulatory burdens often associated with fully outsourcing investment decisions, thereby providing a balance that maintains the advisor-client relationship. They both express that client engagement remains central to their approach, emphasising that advisory meetings are enriched with meaningful investment discussions.
As regulators push for more rigorous consumer protection measures, the value of bespoke portfolios becomes increasingly important. Gary argues that co-manufacturing not only helps in mitigating risks but also provides a significant opportunity to demonstrate added value to clients.
In an era where the financial landscape is rapidly evolving, Gary’s insights shed light on the innovative strategies that Blue Sky are adopting to enhance client outcomes while maintaining a personal touch.
At Blue Sky Financial Planning, we remain committed to ensuring that our clients receive not just investment products, but tailored solutions that are crafted through collaboration and expertise.
Congratulations to Gary on this well-deserved recognition!
