Declining commission weighs on Charles Stanley revenue in Q4
Charles Stanley saw revenues fall in Q4 as the company moves from a commission to a fee-based model.
In the three months to 31 December, revenue fell from £36.7m to £36.3m, while total client funds stood at £20.5bn, a 2% rise year on year. Over the nine months since 31 March 2014, revenues increased...
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