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.

Walker Crips client assets rise 33%

Walker Crips client assets rise 33%

Walker Crips client assets climbed by 33% over the course of 2013 to a total £1.25 billion, driving a 16.3% increase in total revenue £3.47 million in the final quarter.

At 8.20 shares in Walker Crips were up 5.7% at 47.3p.

‘Prevailing trading conditions for the group have improved, but uncertainty remains in financial markets,’ the company said in a statement accompanying its interim results.

‘Nevertheless, the current quarter has started well and the board is confident that continued pursuit of its adopted strategy will enable [Walker Crips Group] to continue the trend in growth and improved performance of the group over the medium term.’

Non-broking income within the company, headed by chief executive Rodney Fitzgerald (pictured), rose to 55.1% from 53.9% in the final quarter of 2012. The company noted that it continued to run with £10 million in net cash on its balance sheet.

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 Hugh Yarrow: Why the equity income sector needs fixing

Hugh Yarrow: Why the equity income sector needs fixing

Hugh Yarrow's Evenlode Income fund was recently removed from the Investment Association's UK Equity Income sector.

Play GAM charity football tournament: the live draw

GAM charity football tournament: the live draw

Former Chelsea and England footballer Graeme Le Saux visits Citywire to make the draw for the tournament, where all proceeds going to Wheels for Wellbeing.

Play FIFA, Panama Papers…and what everyone’s getting wrong

FIFA, Panama Papers…and what everyone’s getting wrong

VIDEO: Investigative reporter Jeffrey Robinson reveals how major corruption scandals are being mishandled and what to expect next.

Your Business: Cover Star Club

Profile: JPM Wealth MD on breaking the glass ceiling

Profile: JPM Wealth MD on breaking the glass ceiling

During her tenure at JP Morgan, the private bank has changed the way it segments clients in a bid to improve focus

Wealth Manager on Twitter