Schroders wealth management division has remained resilient during a turbulent first half of 2021, according to its H1 results.
The firm’s wealth management segment reported operating profit of £77.9 million, a 19 percent increase from the £65.5 million reported a year ago.
Additionally, wealth management's total assets under management (AUM) of £96 billion at the end of H1.
This was comprised of £59.1 billion advised AUM, £17.2 billion platform AUM, and £19.7 billion ...