- September 1, 2010 - UK's Hargreaves Lansdown Enjoys Profit Surge
Hargreaves Lansdown, the UK-listed wealth manager and advisory business, said today that its adjusted pre-tax profit in the year ended on 30 June rose by 22 per cent year-on-year to £90. 7 million (around $139. 7 billion).
- May 6, 2010 - Executive Moves - April 2010
United Kingdom
Saffery Champness promoted Jonathan Fox, previously executive partner, to managing partner and appointed Rob Elliott as finance partner after eight years in the managing role.
Fox was previously chief executive of both a law firm (Collyer Bristow) and barristers' chambers St Philips.
Nucleus, the UK-based platform business, appointed Danby Bloch as a non-executive director, a role in which he is charged with ensuring that the interests of the business’ growing IFA community continue to be represented at the highest level.
- April 28, 2010 - CEO To Step Down From UK Wealth Advisory Firm
Hargreaves Lansdown, the UK-based wealth advisory firm, has announced that its chief executive and co-founder, Peter Hargreaves, is to step down in the autumn of this year.
Ian Gorham, who has been the firm’s chief operating officer since September 2009, will be appointed as deputy CEO with immediate effect, subject to the necessary regulatory approvals, and will become CEO once Hargreaves has stepped down, the firm said in a statement.
Prior to joining Hargreaves Lansdown Gorham had been with the accountancy and consultancy Grant Thornton since 2003, where he was a partner .
- February 19, 2010 - UK IFA To Overhaul Remuneration Structure To Stay Independent
Hargreaves Lansdown, the UK-listed financial advisory and investment firm, is overhauling its advisor remuneration structure to retain its independent status under changes coming under the UK regulator’s Retail Distribution Review, Money Marketing reports.
Under the changes, the firm will pay its advisors a salary as well as charging clients a fee depending on their assets, the report said. The firm is aiming to have new contracts in place by April.
- February 10, 2010 - Pre-Tax Profits Rise At Hargreaves Lansdown
Pre-tax profits at Hargreaves Lansdown, the UK-listed wealth management and financial advisory group, rose by 9 per cent to £39. 8 million (around $62. 4 million) in the six months to 31 December last year compared with the same period a year before, it said today.
- October 21, 2009 - Market Rises Boost AuM At Hargreaves Lansdown
Hargreaves Lansdown, the UK-listed financial advisory and investment firm, said its total operating revenues from all divisions were £36. 1 million ($59. 4 million) for the quarter ended 30 September, an increase of 13 per cent from £32 million for the same period of 2008.
- September 2, 2009 - Profits Rose Strongly At UK's Hargreaves Lansdown
Hargreaves Lansdown, the UK-listed financial advisory and investment management firm, said its pre-tax profit for the year ending on 30 June rose by 20 per cent year-on-year to £73. 1 million.
The firm’s operating profit margin has risen to 52.
- April 27, 2009 - Wealthy UK Entrepreneurs Mull Emigration After New Tax Hike - Report
Two of the
UK’s best known entrepreneurs are considering leaving the country in protest against
UK finance minister Alistair Darling’s new 50 per cent top income tax rate, as leading figures from business and wealth management warn of a talent exodus, the UK newspaper, The Sunday Times, said.
The report coincided with that newspaper’s annual survey of rankings of the
UK’s richest individuals and families, as reported elsewhere by WealthBriefing.
Hugh Osmond, the private equity entrepreneur, is thinking about a move to
Switzerland.
- April 17, 2009 - UK Wealth Manager Hargreaves Landsdown Logs Asset Increase
Hargreaves Lansdown, the UK-listed financial advisory and wealth management firm, said its assets under management and administration rose to £10. 2 billion ($15. 2 billion) at the end of March this year, compared with £9.
- February 11, 2009 - London-Listed Investment Group Logs Profit Growth
The UK-listed financial advisor, wealth manager and brokerage firm Hargreaves Lansdown said its operating profit rose by 28 per cent to £34. 9 million ($50. 4 million) in the six months ending 31 December last year compared with the same six months a year before.
