Two small stockbroking firms have zipped up the Aim adviser rankings after winning more than a dozen new clients in the last three months.
Allenby Capital and Beaufort Securities were the standout performers from the quarterly ranking of junior stock market listed brokers, according to a study out today.
Allenby gained six new clients between April and June, leapfrogging Canaccord Genuity and Cantor Fitzgerald into eighth place.
It now has 45 clients, up from 39 last quarter, according to the figures from Adviser Rankings.
Allenby was founded in 2009 and is currently headed by chief executive Nick Naylor.
Beaufort Securities, which dates back to 1992, also had a strong quarter adding seven new clients.
Burma-based social media platform MySQUAR, which floated in March, was the best known new client for the stockbroker.
Beaufort now ranks as the 11th biggest broker on Aim by the number of clients, up three places from its ranking in April.
A strong showing in basic materials sector propelled the rise up the table.
The top four placing – Finncap followed by Cenkos, WH Ireland and N+1 Singer – remained unchanged this quarter.
Panmure Gordon moved into the top five after dislodging Numis, which lost two clients to move down to sixth spot.
On the audit front, KPMG clinched the top spot with 154 Aim clients from BDO, which had held the crown for the past two years. Law firm Pinsent Mason was top of the law firm table, with 59 junior stock market listed clients to its name.
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