Collins Stewart climbs league
COLLINS Stewart has leapt up the City league of brokers and corporate advisers, moving four places to rank sixth in the latest figures from financial data firm Hemscott.
The firm made the largest jump in the overall rankings, adding two new clients to end the quarter with a client count of 78.
JP Morgan Cazenove led the league, despite losing four clients since last quarter. The investment bank now acts as stockbroker to 236 clients after losing two FTSE 100 companies in the quarter, but still outstrips its closest rival Numis, which has a total of 128.
It also maintained its ranking as top financial adviser to the UK’s blue chip companies, retaining 104 listed clients while Cenkos Securities knocked Seymour Pierce from second place after gaining three clients to increase its listed client tally to 76.
The overall rankings of the big four auditors remained unchanged from the previous quarter, with KPMG holding onto the top spot since February 2007, whilst adding four new clients. Second-placed PwC still has the most FTSE 100 clients, and enjoyed a significant boost to its overall tally with 50 new clients, narrowing the gap between the top two.
Financial Dynamics held on to its place at the top of the financial PR rankings, winning five clients in the quarter and creating a new total of 172, more than twice that of nearest competitors Buchanan, which now shares second place with rival Pelham Bell Pottinger.
Slaughter & May remained top of the law adviser rankings.