Rebalancing has always been a contentious issue and can often be excessive and costly to the end client if not aggregated and managed from the top down. Although an area for much debate, it is virtually impossible to manage a large book of clients without the benefit of a discretionary permission. Unfortunately, this often means ceding control and ownership to a third party DFM.
Fusion Wealth offers its advisory customers a discretionary facility to rebalance their client’s portfolios through our own investment policy staff. This means that our customers can ensure that their client portfolio strategies benefit from real time asset allocation and balance. Also, there may be a need to bulk trade certain funds or equities immediately in order to mitigate risk or maintain parity across multiple accounts.