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 hires four investment managers

Walker Crips hires four investment managers

Walker Crips has recruited a further four investment managers in recent months following the hires of Barclays brokers Steven Moss and Mark Entwistle and Charles Stanley broker John Fletcher.

The hires were revealed in an interim management statement from the business, with no further details. The company, headed by Rodney Fitzgerald (pictured), was not immediately available for comment.

At 8.35, shares in Walker Crips were up 2% at 48p. 

‘During the quarter, our investment management division further expanded its team with the recruitment of seven investment managers whose clients and revenues will have an impact in subsequent quarters,’ it said in a statement.   

In what the company described as ‘quieter market conditions’ net group revenue rose 12.2% to £3.6 million from £3.2 million previously. Discretionary and advisory assets were up 3% over the three months and 28% on the year at £1.37 billion.

‘Although trading conditions remain uncertain, the board believes that its strategy for asset and revenue growth will continue to deliver positive results over the medium term,’ the company added.

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 JP Morgan's Meadon: I'm comforted by M&A activity

JP Morgan's Meadon: I'm comforted by M&A activity

Will Meadon talks about how the events of 2016 have changed his fund.

Play Wealth Manager Conference & Awards 2017: video highlights

Wealth Manager Conference & Awards 2017: video highlights

We bring you the highlights from the Citywire Conference & Awards 2017 celebrating the UK's top wealth managers.

Play Big City Bright Future

Big City Bright Future

Big City Bright Future, the brainchild of BlackRock, is a three-week work experience programme for school leavers looking to forge a career in the City.

Read More
Wealth Manager on Twitter