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Patersons Securities chairman Michael Manford.
Patersons records $5m loss, despite cost cuts
Friday, 28 September, 2012 - 15:19
Western Australia’s biggest local stockbroker Patersons Securities has felt the chill winds from the tough equity markets, recording a loss of more than $5.1 million after revenue slumped 28 per cent to $106.4 million.
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Corporate finance employees
| 6th |  | Azure Capital | 26 |
| 7th | | Argonaut | 14 |
| 8th | | Patersons Securities | NFP |
| 9th |  | Hartleys | 10 |
| 10th | | Regency Corporate | NFP |
72 corporate finance ranked by staff in corporate finance area (WA)
Assets under management or net assets ($m)
| 21st |  | Yuuwa Capital | $40.0m |
| 22nd | | Katana Capital | $36.4m |
| 23rd | | Patersons Securities | $2,200.0m |
| 24th | | Bentley Capital | $13.5m |
| 25th | | Grandbridge | $12.1m |
54 fund managers ranked by assets under management or net assets
WA revenue
| 58th | | Access Group Australia | $80.0m |
| 59th | | Ross North Group | $73.7m |
| 60th | | Patersons Securities | $73.4m |
| 61st | | Orontide | NFP |
| 62nd | | Outback Travel Centres | $54.8m |
109 private companies - large ranked by revenue most recent financial year
Client advisers
| 1st | | Patersons Securities | NFP |
| 2nd | | Hartleys | 46 |
| 3rd | | Euroz Securities | 36 |
| 4th | | Bell Potter Securities | 30 |
| 5th | | CPS Capital Group | 26 |
20 stockbrokers ranked by number of client advisers in WA
Number of Employees
Corporate Finance
| 5th | RSM | 401 | |
| 6th | BDO | 231 | |
| 7th | Patersons Securities | 152 | |
| 8th | Macquarie Capital | 150 | |
| 9th | Hartleys | 108 |
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Show moreIt is important to note that the Morningstar information displayed by Business News is not to be copied or distributed except as authorised; and that such information is not warranted to be accurate, complete or timely and that neither Morningstar nor Business News are responsible for any damages or losses arising from any use of this information.
The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
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