Estimating the value of an investment or wealth management firm often seems to be more of an art rather than a science, as the court case involving Signia Wealth (now Arbion) and Nathalie Dauriac illustrated.
Irrespective of the method used, however, the value of most firms active in the sector will have fallen considerably during 2022.
Most developed country stock markets have fallen and this will have a significant impact on the profitability of investment and we...