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WH Ireland Group plc ( (GB:WHI) ) has shared an update.
WH Ireland Group PLC has entered into an agreement with Verso Wealth Management to market Verso’s services to certain clients of WH Ireland’s underperforming Henley office. This strategy aligns with WH Ireland’s goal of achieving sustainable profitability by streamlining operations, and will involve WH Ireland receiving cash payments based on revenue generated from client transfers. Additionally, WH Ireland plans to close its Henley office and concentrate its wealth management operations in London, Manchester, and Poole, aiming to reduce costs and enhance operational efficiency.
More about WH Ireland Group plc
WH Ireland Group PLC operates in the financial services sector, primarily offering wealth management and corporate broking services. The company focuses on providing personalized financial advice and investment management solutions, catering to a diverse clientele ranging from private investors to corporate entities.
Average Trading Volume: 186,293
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £6.43M
Learn more about WHI stock on TipRanks’ Stock Analysis page.