Issue 3 March 2015
WMA JOURNAL In this issue
Financial Crime Technology The EU Managing Change
1
Data collected by ComPeer
The Wealth Management Association (WMA) represents 186 full and associate member firms. The 110 full members are wealth management and stockbroking firms that deal directly for individuals, trusts and charities through a range of services spanning execution only, advisory and discretionary fund management.
WMA member firms manage the wealth of over 4 million retail investors.
The 76 associate member firms provide professional services to our full member firms.
Our members operate across more than 580 sites in the UK, Ireland, Channel Islands and Isle of Man, employing over 32 000 staff.
Member firms run 6 million client portfolios and carry out over 20 million trades a year.
At the end of 2014, the wealth management industry had ÂŁ677 billion of assets under management, up 6% year on year, therefore outpacing the 4.2% market rise (as calculated by the FTSE WMA Balanced Index).