The SA owned investment manager with digital ambitions for UK growth 08:02 GMT Momentum Global Investment Management the international investment and asset management arm of Momentum Investments is targeting UK growth in 2016.
Head of UK retail sales Andy Davies sees three drivers of growth for the business; changes in the regulatory environment post RDR pensions reform and the subsequent changes to adviser business models.
“These are sweeping changes which are creating opportunities for us and our IFA partners,” he told IFAs at a recent intermediary lunch.
Is Hargreaves Lansdown the UK's most profitable wealth management firm? 08/02/2016 Anyone seeking proof of just how profitable the UK wealth management sector can be should examine the most recent results posted by Bristol-based Hargreaves Lansdown.
Launched in 1981 Hargreaves Lansdown generated pre-tax profits of £108.1 million for the half-year to December 31 2015. More significantly however is its profit margin. At 63.92 percent this is probably the biggest enjoyed by any UK-based wealth management firm.
Hargreaves Lansdown 'still most popular with investors' 03/02/2016 "Against a backdrop of fluctuating stock markets, Hargreaves Lansdown has continued to be the most popular destination for UK retail investors, with excellent new business for the period. In particular the pension freedoms continue to attract huge interest as we prepare for the important tax year-end period," commented chief executive Ian Gorham.