Investor Presentaiton
Wealth & Investment UK
A leading UK private client wealth manager targeting mass affluent and increasingly HNW client base
Key facts
Total FUM
% UK discretionary
% UK direct
UK Operating margin
Average income yield
FUM by
Mandate**
£44.4bn
86%
Future growth drivers
.
Focus on collaborating further with the UK private bank
£44.4bn^
86%^^
14%
c.83%
27.0%#
81bps
> £250k
# of UK client relationships
c.40,000
■ Discretionary
Non-discretionary
# of UK offices
15
•
# of UK investment managers
329
Financial
planning
•
# of UK financial planners
36
Target client - investable assets
Private
banking
Continue to expand financial planning capability
Develop ways to deliver this advice as a central
component of our core offering
FUM: £'bn
50
50
40
40
30
20
10
6
41.7
6.5
44.4
7.2
Discretionary
(Target >90% of
FUM**)
.
35.2
37.2
Mar-20 Mar-21
Mar-22
0
Mar-13
Mar-14
Mar-15 Mar-16 Mar-17 Mar-18
Mar-19
■Discretionary
Non-discretionary
Recruit high quality investment managers
Further develop propositions to serve growing IFA
channel
"Comprises UK, Guernsey and Switzerland. UK comprises c.96% of total FUM. ^^ UK discretionary FUM based on UK business only. ** Split / target based on UK business only. #Operating margin including Guernsey and Switzerland was 25.3% for FY2022.View entire presentation