Charles Stanley to invest in its financial planning network

400 employees in 22 UK offices

Tom Ellis
clock • 1 min read

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Benchmark buys remaining minority stake in Oculus

Benchmark buys remaining minority stake in Oculus

Network was acquired by Benchmark in 2022

Isabel Baxter
clock 14 April 2025 • 1 min read
AAB Wealth acquires planning firm Mangus Wealth

AAB Wealth acquires planning firm Mangus Wealth

Adding £650m in assets

Isabel Baxter
clock 14 April 2025 • 2 min read
Two-thirds of Aviva preference shareholders accept insurer's buy-back plan

Two-thirds of Aviva preference shareholders accept insurer's buy-back plan

Retail investors have been warned about buyback consequences

Professional Adviser
clock 14 April 2025 • 2 min read