Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Jonathan Polin: the big opportunity for wealth firms

A trading update from Ashcourt Rowan today revealed revenues were up from £15.2 million to £16.4 million in the first half.

The performance has left it confident full year earnings will be 36% higher at £3.8 million.

The firm also said the acquisition wealth firm UKWM, completed on 4 April, was being integrated and that it would boost assets under management by £1.3 billion.

Ashcourt Rowan remains on the hunt for similar buys as it looks to exploit the opportunity presented in the major pensions overhaul, revealed in the Budget earlier this year.

Last month Ashcourt Rowan chief executive Jonathan Polin visited Wealth Manager to give us an exclusive insight into the scale of this opportunity and how his firm plans to play it.  

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Liontrust ESG head says sustainable investment doesn't mean low return

Liontrust ESG head says sustainable investment doesn't mean low return

Peter Michaelis talks about ethical investment growth and where he sees future opportunites.

Play Are platforms the biggest barrier to wealth manager ETF take-up?

Are platforms the biggest barrier to wealth manager ETF take-up?

Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.

Play SVM's Veitch on what's next for banks

SVM's Veitch on what's next for banks

SVM fund manager Neil Veitch is finding value in what he describes as unstable financials and talks through his favourite small caps.

Read More
Your Business: Cover Star Club

Profile: UBS' robo boss on what his tween can teach the industry

Profile: UBS' robo boss on what his tween can teach the industry

Co-head of UBS SmartWealth Shane Williams explains the simple life lessons missed by the first wave of robo pioneers

Wealth Manager on Twitter