Brewin Dolphin reports 70 percent drop in profits 03/12/2014 Brewin Dolphin has reported a pre-tax profit of £8.6 million, a year on year decrease of 70 percent. The firm said the decrease was due to “exceptional costs from restructuring the business”.
Charles Stanley reports £3.9 million loss 27/11/2014 Charles Stanley has reported a pre-tax loss of £3.9 million for the six months ended 30 September 2014. This compares with a profit of £4.9 million for the same period last year.
Ashcourt Rowan reports 'positive' growth 26/11/2014 UK wealth management group Ashcourt Rowan plc has seen earnings before tax and interest more than double this year to £1.9 million while discretionary and managed assets have recorded a year-on-year increase of 40 percent to £2.3 billion, according to its interim results for the six months ended 30 September 2014.
One step forward and one back at Kleinwort Benson 24/11/2014 At first sight Kleinwort Benson Wealth Management (KBWM) appears to be making progress, at least according to the data contained in the interim trading statement released by RHJ International, its owner (see thewealthnet 24/11/2014).
Kleinwort Benson reduces losses but assets under management fall 24/11/2014 An uplift in banking and treasury-related revenues helped London-based Kleinwort Benson Wealth Management (KBWM) to record a much improved result for the first half of 2014, according to the interim statement produced by RHJ International, its Brussels-based owner.
Wealth management helps boost Walker Crips profit 20/11/2014 Walker Crips has reported a year on year increase in gross profit of 10.4 percent to £7.4 million for the six months to 30 September 2014. The firm said this “reflecting considerable progress made in investment and wealth management businesses.”
Schroders doubles wealth management profit 06/11/2014 Schroders wealth management division has reported pre-tax profit for the three months ended 30 September of £22.9million, a year on year increase from £10.4 million or 120 percent.