The latest trading update for the UK wealth management sector from Compeer, a London-based research firm, provides further evidence of the nuanced relationship between investment assets, revenues and profitability.
Although client assets under management and administration (AUMA) at UK-based wealth management and execution only (XO) stockbrokers came in at £1.26 trillion at the end of the second quarter of 2021, a 6.0 percent and 21.0 percent increase respectively on the previous ...
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