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WH Ireland on track to outperform 2013
by Dylan Lobo on Jun 23, 2014 at 08:11
WH Ireland said it expects business in the first half to outperform 2013’s level.
In a brief curtain raising trading update before the publication of its results on 21 July, the private client stockbroker attributed performance to ‘a strong increase in management fees and commissions' in its private client division.
This was complemented by a solid increase in retainer income and success fees in its corporate broking division.
‘We have had an encouraging start to the current financial year, as we continue to grow our corporate client list and assets under management,’ WH Ireland chief executive Richard Killingbeck (pictured) told the market.
‘Our growth initiatives - to extend our capability, and selectively add high quality individuals and teams - support our confidence that WH Ireland will make further progress in 2014.’
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