thewealthnet

WH Ireland sees revenues decline amid restructure

News Team, 06/11/2019

WH Ireland’s revenues declined by 11 percent to £11.36 million for the six months ended 30 September 2019.

The firm recorded an operating loss of £0.89 million for the period, which is a 54 percent reduction from the £1.94 million loss recorded in H1 2018.

Net losses have reduced by 37 percent for the period of £1.35 million compared with £2.14 million in H1 2018.

There has also been a 17 percent reduction in administrative expenses to £12.25 million from £14.76 million the previous year.

In the wealth management division, assets under management (AuM) decreased by 8 percent to £2.3 billion...


Continue reading this article...


Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@thewealthnet.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM