Charles Stanley's Christopher Aldous: Why we are watching robo-advice closely from the sidelines

Ambitious restructure of business

Laura Dew
clock • 7 min read

Christopher Aldous talks about the transformation of the business, coping with regulation and the challenges of servicing smaller clients, as well as the passive/active blend

For Charles Stanley, the past year has been shaped by an ambitious restructure of the firm as it seeks to provide a clearer definition of its client proposition and become a leading wealth manager by 2020. The group announced the overhaul following a strategic review of the business, led by newly-appointed chief executive Paul Abberley, after issuing two profit warnings in 2014. It said at the time the new strategy will see Charles Stanley become "more active along the value chain", alongside its traditional focus on bespoke wealth management. Following the review, Charles Stanley ...

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