Premier Miton Loses Experienced Sales Director Neil Bridge to Retirement

April 9, 2023

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Premier Miton ($LSE:PMI), a leading stockbroking and asset management firm, has announced that its long-time Sales Director, Neil Bridge, is set to retire. Neil has been with the company for over thirty years and has served in a variety of roles, including directing sales and client services. Neil’s departure is a significant loss for Premier Miton. He was an integral part of the team, known for his deep knowledge of the industry, his commitment to customer service and his passionate approach to mentoring and developing younger members of the team. He leaves behind a legacy at Premier Miton of exceptional sales performance and strong customer relationships, making him an irreplaceable asset to the company.

The team will miss Neil’s leadership, his wisdom and his dedication to seeing Premier Miton’s clients succeed. Despite Neil’s retirement, Premier Miton remains committed to providing the same excellent customer service and dedication to its clients that it always has. Through its experienced team, including its new Sales Director Mark Smith, Premier Miton looks forward to continuing to provide the same quality of service that Neil built and supported over the course of his career.

Share Price

On Monday, PREMIER MITON announced the retirement of long-time sales director Neil Bridge. This news came as a surprise to many, as Neil had been a key member of the team for years, helping PREMIER MITON to achieve and maintain their impressive growth. The opening price for PREMIER MITON stock on Monday was £1.0, and it remained steady throughout the day and closed at the same rate. As such, there was no immediate reaction from investors and the market in general.

However, there are still concerns that, without Neil’s leadership and expertise, PREMIER MITON may not be able to sustain their growth rate in the future. Neil Bridge himself released a statement expressing his appreciation for the team at PREMIER MITON and his enthusiasm for the future. He thanked everyone for their support over the years and wished them the best of luck. Neil Bridge’s retirement is a significant loss for PREMIER MITON, but they remain resolute in their commitment to success. They will be looking to fill Neil’s position with an equally experienced leader in order to ensure that the company can continue to grow and thrive. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Premier Miton. More…

    Total Revenues Net Income Net Margin
    90.23 9.57 10.6%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Premier Miton. More…

    Operations Investing Financing
    17.34 0.86 -20.12
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Premier Miton. More…

    Total Assets Total Liabilities Book Value Per Share
    282.59 155.83 0.8
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Premier Miton are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    19.5% 1.1% 16.6%
    FCF Margin ROE ROA
    19.0% 7.3% 3.3%
  • Income Statement Ratios
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  • Analysis

    At GoodWhale, we have conducted an analysis of PREMIER MITON‘s wellbeing. Our Star Chart indicates that PREMIER MITON is strong in profitability and medium in asset, dividend, and growth. Based on this, we classify the company as a ‘cow’, which has a track record of delivering consistent and sustainable dividends. Given this performance, we believe that PREMIER MITON may be attractive to investors looking for dividend income as well as stability in their portfolio. Furthermore, PREMIER MITON has a high health score of 10/10 with regard to its cashflows and debt, indicating that the company is well-positioned to weather future economic crises. More…

  • Risk Rating Analysis
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  • Peers

    Premier Miton Group PLC competes with Bellevue Group AG, Ninety One PLC, and Mattioli Woods PLC in the financial services industry. Premier Miton Group PLC is a provider of investment management services. The company offers a range of services, including asset management, wealth management, and private client services. Bellevue Group AG is a Swiss financial services company that offers asset management, private banking, and wealth management services. Ninety One PLC is a UK-based asset management company that offers a range of services, including asset management, wealth management, and private client services. Mattioli Woods PLC is a UK-based financial services company that offers a range of services, including asset management, wealth management, and private client services.

    – Bellevue Group AG ($LTS:0QLZ)

    Bellevue Group AG is a holding company that provides financial services through its subsidiaries. The company has a market cap of 407.82M as of 2022 and a return on equity of 19.66%. Bellevue Group’s subsidiaries offer a range of services, including asset management, private banking, and investment banking. The company is headquartered in Zurich, Switzerland.

    – Ninety One PLC ($LSE:N91)

    Ninety One PLC has a market cap of 1.64B as of 2022. The company’s ROE is 66.37%. Ninety One PLC is an asset management company that focuses on providing clients with investment management and related services. The company offers a range of services, including portfolio management, investment research, and investment advisory services. Ninety One PLC is headquartered in London, United Kingdom.

    – Mattioli Woods PLC ($LSE:MTW)

    Mattioli Woods PLC is a professional services firm that provides advice on employee benefits, wealth management, and property services. The company has a market cap of 309.55M as of 2022 and a Return on Equity of 2.44%. The company advises on and administers a wide range of employee benefits, including pensions, life assurance, healthcare, and investment products. It also provides wealth management services to individuals and families, as well as property services to businesses and organizations.

    Summary

    Premier Miton is a UK-based investment company that specializes in global equity and multi-asset investments. Recently, the company announced that its long-time Sales Director Neil Bridge will be retiring. The move comes amid a period of growth for Premier Miton as it continues to expand its investment management services to clients. Over the past few years, Premier Miton has delivered strong returns for investors, outperforming the wider market by a significant margin.

    The company has also made a number of acquisitions and strategic partnerships over the years, further enhancing its ability to offer competitive and comprehensive investment services. With Neil Bridge’s retirement, the company is well-positioned to continue delivering strong returns to its investors in the long term.

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