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.

WH Ireland on course to bust market expectations

WH Ireland  on course to bust market expectations

WH Ireland has ended the year on a bullish note.

The private client stockbroker endured a tough spell at the start of the year following the controversial exit of its chief executive Paul Compton at the end of 2012.

Compton subsequently launched legal proceeding against the firm, which the two warring parties reached settlement on 15  October.

However, under the guidance of Richard Killingbeck (pictured) WH Ireland is on course to overcome these difficulties.

In a brief trading update covering the 12 months to 30 November, the firm said after ‘substantial’ one-off costs incurred during the year it expects to perform better than it had anticipated.

‘The private wealth management and corporate broking divisions have performed strongly during the second half of the year, and will thus result in revenue and profit before tax for the group exceeding market expectations,’ the firm said in a statement.

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 Biotech Growth: we will ride out this storm

Biotech Growth: we will ride out this storm

Geoffrey Hsu of Biotech Growth Trust says the sell-off in biotechnology stocks represents a buying opportunity for long-term investors.

Play Sector Spotlight: Kleinwort Benson's Choukeir on UK equities

Sector Spotlight: Kleinwort Benson's Choukeir on UK equities

In our first Sector Spotlight of the year we explore UK equities on the back of the extreme market turbulence in 2016.

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.

Your Business: Cover Star Club

Profile: PortfolioMetrix is on a mission to kill 'Frankenstein' systems

Profile: PortfolioMetrix is on a mission to kill 'Frankenstein' systems

In a buyers’ market for off-the-peg discretionary management, self-funded start-ups begin at an inherent disadvantage

Wealth Manager on Twitter