Charles Stanley 'cautious' as commission income falls

clock

Charles Stanley has said it is approaching the coming months with caution in the face of falling commission income, and significant costs to invest in the business.

In its results covering the first quarter of its financial year, the three months to 30 June, Charles Stanley Group’s directors said they had been “disappointed by the poor performance of commission income,...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Wealth Management

Andrew Shepherd, CEO of Brooks Macdonald

Brooks Macdonald set to acquire Integrity Wealth Solutions

Funds under management of £250m

Elliot Gulliver-Needham
clock 23 May 2022 • 2 min read
 Lord Rothschild was the only top wealth management boss to see his family’s fortune increase in the past year.

Rich List: UK wealth sector bosses fall down the rankings as their fortunes decline

Sunak joins the list for the first time

clock 20 May 2022 • 2 min read
Graham Harrison of Asset Risk Consultants

The end of an era: from globalisation to autarky

Weeks when decades happen

Graham Harrison
clock 13 April 2022 • 3 min read
Trustpilot