Assets fall by 12% at JM Finn

Total funds under management and administration fell 12% in 2022 to £10.3bn for wealth manager JM Finn (2021: £11.7bn).

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Kingswood profits up but revenues fall

Group operating profit rose 36% to £8.7m at Financial Planner and wealth manager Kingswood in 2022, according to a trading update this morning.

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Enlarged Nucleus returns to profit as revenues rise 80%

Adviser-focused investment platform Nucleus has reported a £25.4m profit before tax for 2022 following its £24m loss in 2021.

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St James's Place net inflows drop 31% in Q1

Net inflows have dropped 31% year-on year to £2bn (Q1 2022: £2.91bn) for wealth manager St James’s Place in the first quarter of 2023, according to a trading update issued this morning.

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