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Charles Stanley sees revenues decline in Q3

News Team, 13/01/2021

Paul Abberley, chief executive 

Charles Stanley's were down by 1.2 percent to £42.2 million in Q3, on a year-on-year basis.

In a trading update covering the three months ended 31 December, the wealth manager said that while fee income had increased by 3.2 percent and commission was up 4.3 percent, falling interest rates led to the decline.

Revenues has also fallen year-to-date. They declined to £124.1 from £128.1 million ...


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