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 Picton: the UK property hotspots for rental income

Picton: the UK property hotspots for rental income

Picton Property Income CEO Michael Morris reveals how he is planning to ride the ‘ripple effect’ as UK economic growth spills out from the capital across the country.

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

This week Brewin Dolphin's head of research talks to Mike Riddell, fund manager at Allianz Global Investors, about the forces driving bonds markets in a tumultuous week for markets.

Play Henderson's Hermon: how to be defensive in smaller caps

Henderson's Hermon: how to be defensive in smaller caps

Hermon, who manages the Henderson Smaller Companies trust, talks about he will tackle a 'challenging' 2016.

Your Business: Cover Star Club

Profile: 'what we are doing at Mosaic is Darwinian'

Profile: 'what we are doing at Mosaic is Darwinian'

The changes in financial services over the last few years may leave some destitute warns Marco Sambucci of Mosaic Money Management

Wealth Manager on Twitter