Skip to content
Thursday 10 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,613.95
-0.53%
DAX
25,420.93
-0.61%
CAC 40
8,125.90
-0.38%
STOXX 50
6,274.35
-0.59%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 14 October 2021 8:15 am  |  Updated:  Thursday 14 October 2021 9:35 am

‘Buoyant stock markets’ push funds under management growth at Charles Stanley

By: Millie Turner

Add as a preferred source on Google
Aerial Views Of London In Lockdown
(Getty Images)

Revenue swells at wealth management group Charles Stanley, as “buoyant stock markets” increase its funds under management. 

In the three months to 30 September, revenue jumped 15.3 per cent to £46m, up from the £39.9m it pulled in in the second quarter of last year. 

The wealth manager saw its total funds under management inch 1.1 per cent higher to £27.4bn in the period. 

Increases in fee income and commission income also offset a contraction in interest income, the group said in a statement. 

The group’s revenue for the first half of the year came in at £91.9m, up 12.1 per cent on last years figure.

It comes as Charles Stanley acquired Raymond James UK Wealth Management for £278.9m last month, after winning shareholder approval.

Chief Executive Officer, Paul Abberley said: “The group continues to display good momentum across all areas, with growth in revenues from all our divisions.”

Read more

Quilter toasts record inflows as financial advice push pays off

Business professionals in formal attire engaged in a lively discussion at a corporate meeting in a modern office setting.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics

Categories

  • Business
Thursday 14 October 2021 8:15 am  |  Updated:  Friday 15 October 2021 12:04 pm

‘Buoyant stock markets’ push funds under management growth at Charles Stanley

By: Millie Turner

Add as a preferred source on Google
Aerial Views Of London In Lockdown
(Getty Images)

Revenue swells at wealth management group Charles Stanley, as “buoyant stock markets” increase its funds under management. 

In the three months to 30 September, revenue jumped 15.3 per cent to £46m, up from the £39.9m it pulled in in the second quarter of last year. 

The wealth manager saw its total funds under management inch 1.1 per cent higher to £27.4bn in the period. 

Increases in fee income and commission income also offset a contraction in interest income, the group said in a statement. 

The group’s revenue for the first half of the year came in at £91.9m, up 12.1 per cent on last years figure.

It comes as Raymond James UK Wealth Management acquired Charles Stanley for £278.9m last month, after winning shareholder approval. Though the deal is still subject to regulatory approval.

Chief Executive Officer, Paul Abberley said: “The group continues to display good momentum across all areas, with growth in revenues from all our divisions.”

Read more

Quilter toasts record inflows as financial advice push pays off

Business professionals in formal attire engaged in a lively discussion at a corporate meeting in a modern office setting.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Categories

  • Business

Trending Articles

  • Tesco and Boots lead 100,000 jobs pledge to tackle Neets crisis

  • Airport chaos latest: Heathrow, London City ‘starting to recover’ after air traffic control failure

  • Hedge fund billionaire Chris Rokos joins UK wealth exodus 

  • Primark sales slip as owner dresses up retailer for demerger

  • Crystal Palace owner Blitzer part of £1bn mega stadium redevelopment

More from Morning Wire

  • Quilter toasts record inflows as financial advice push pays off

    Investing
    Business professionals in formal attire engaged in a lively discussion at a corporate meeting in a modern office setting.
  • L&G cheers push into private credit as profit jumps

    Markets
    Legal & General is reported to be eying Natwest's pension provider.
  • Aukera Closes €460 Million Structured Credit Facility Led by EIG to Support European Energy Infrastructure Portfolio

    Business Wire
  • Standard Life takes £473m hit after stock market rally dents hedges

    Investing
    Standard Life office building exterior, representing one of the UKs largest pension funds, in a business context
  • UK’s largest wealth firms tighten their hold on the market

    Markets
    Office for National Statistics
  • Amanda Blanc has worked her magic at Aviva

    Insurance
    Aviva's deal to buy Direct Line was agreed in March
  • First Trust Global Portfolios Management Limited Announces Distribution for Certain Sub-Funds of First Trust Global Funds ICAV

    Business Wire
  • London Stock Exchange boss: We should know which companies our pensions are backing

    Markets
    Julia Hoggett and Rachel Reeves with other women leaders at a financial event, discussing pension industry overhaul.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook