Charles Stanley's pre-tax profits are likely to fall 10% short of market expectations due to rising costs, the wealth manager has warned.
Charles Stanley has appointed Anthony Scott as head of investment management.
New entrants to the UK asset management market face stiff competition from established providers, but with barriers to entry falling, more and more European firms are entering the fray.
Charles Stanley has rolled out its Collectives Portfolio Service to five platforms.
Hargreaves Lansdown has topped the Platforum's first list of Britain's best D2C platforms despite charging a higher price than many competitors.