Charles Stanley has announced it is looking to invest in its network of financial planners and other distribution capabilities.
The statement of intent comes after an ordinary year for the wealth manager, which has seen funds under management decrease by 0.8% in the year to 31 March 2018. This has included a 4.4% decrease in the latest quarter to 31 March, which the firm blamed on struggling financial markets - pointing out it had net flows of £0.2bn in the latest three-month period. Charles Stanley launches multi-asset range Charles Stanley has 400 employees spread across 22 UK offices helping deliver its wealth management services. It also operates a direct-to-consumer investment platform, which it said i...
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