Assertion: financial institution's client | /r/CapableOf | appoint a discretionary fund manager
Facets:
value: to manage the client
type: PURPOSE
Source sentences:
text: IFAs are rapidly moving from the traditional investment solution for clients: recommending a portfolio of largely equity-oriented collective investment schemes (Unit trusts and OEICs) and being paid initial and annual renewal commission by the fund provider to an outsourcing model: recommending that clients appoint a discretionary fund manager to manage the client's portfolio(s) and charging the client an annual oversight fee.