Pinsent Masons tops latest AIM adviser rankings
Firm tops the AIM adviser rankings, despite losing five clients over the course of the last quarter
August 04, 2015 at 07:03 PM
3 minute read
Pinsent Masons has remained on top of the AIM adviser rankings with 59 clients, despite losing five clients over the course of the last quarter, the latest data shows.
According to data for the three months to 7 July the firm had more AIM clients than any other, a title it also held last quarter.
Carey Olsen remains in second place in the table with 42 clients, and Memery Crystal, previously joint second, slips to third with 40 clients.
The top five is rounded out by Wragge Lawrence Graham & Co and Kerman & Co on 39 and 37 clients respectively.
The rankings, compiled by finance data provider Adviser Rankings using Morningstar data, show DWF as among the biggest winners after it added three clients over the course of the quarter.
The rankings award a single point for each client relationship, regardless of whether it is a sole or joint appointment.
Pinsent Masons corporate partner Anna Brown explained the firm's dip in clients. She said: "It is common for AIM clients to fluctuate, things can go up and down and clients can come off the market."
She added that the firm was still top of the rankings "by quite a clear margin".
Fieldfisher corporate partner Neil Matthews described the AIM market as "buoyant".
He said: "One of the trends we have seen the last couple of years has been a focus on UK companies again. A few years ago there was a heavy predominance of overseas mining and oil and gas stocks, now there is a lot more investment in UK companies, particularly technology and life sciences companies."
Wragges ranked fourth in terms of the number of clients, but topped the rankings when it came to market capitalisation, acting for clients with a combined market cap of £6.6bn.
Wragges' corporate head Sunil Kakkad said: "Our focus has historically been very much on the top two quartiles – that is partly demonstrated in the ranking in the total number of AIM clients by market capitalisation where we consistently lead the tables."
The upcoming merger of Wragges and Gowlings, which was announced last month and is set to take effect from January 2016, could create an AIM powerhouse.
At present Wragges advises 39 clients and Gowlings advises 22. The merger should see the combined firm shoot up the rankings.
Kakkad described the merged as an "exciting development". He said: "Until a few years ago we consistently ranked first or second in a number of other tables but in the last few years that has changed.
"When Pinsent Masons merged with McGrigors it leap-frogged a number of firms, including us and Memery Crystal, I expect that when our combination with Gowlings takes effect there will be a similar disruption to the rankings."
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Can Labour's New Budget Steady the Ship? Big Moves On UK Tax Reform and Fiscal Stability
5 minute read
Cracking Canada: How International Law Firms Penetrate the Country's Legal Market
6 minute read
Hong Kong IPO Market Shows Signs of Slow but Steady Recovery
Mexico's Judicial Reforms and the Implications for Foreign Investors
5 minute readTrending Stories
- 1Largest Law Firms: New Jersey and Firmwide Attorney Count
- 2Legal Speak at General Counsel Conference East 2024: Marc Mandel, Senior Vice President & General Counsel at EXOS
- 3Florida Seeks to Short-Circuit Tech Fight
- 4From Tires to Tracks: Goodyear Chief Risk Officer Joins Union Pacific as Legal Chief
- 5Supreme Court of Georgia Accepts 2 Petitions for Voluntary Discipline With 2-Year Suspension, 1 Voluntary Surrender of License
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
