Capital Asset Management defies economic slowdown

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Financial advisers are benefiting from the current financial crisis as distrust of the banks is seeing a growing number of people turning to IFAs for help, according to ceo of Capital Asset Management (CAM), Alan Smith.

Business for the boutique wealth manager has been robust enabling it to move forward with its expansion plans, and relocate to larger office premises in the City of London. The firm has taken the entire top floor at 52 Cornhill in the heart of the City. Smith says: "Despite the economic gloom that exists, CAM has continued to evolve and grow in line with our ambitious plans. The financial climate, together with the total lack of confidence in the banks has led successful and motivated individuals to seek the counsel of leading independent wealth managers, such as CAM. "Consequently, we a...

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