Why it is important
Private Client Brokers (PCBs) and Private Client Investment Managers (PCIMs) are very important for all companies,
regardless of size.
They manage in excess of £400 billion and, in the cases of many smaller companies, they are often one of the largest shareholder groups. In such instances, they can represent a significant proportion of the free float and their typical trade sizes can have
a disproportionate impact on share price movements.
For larger companies, combined PCB and PCIM holdings are sometimes as large as, or even larger, than individual institutional holdings. They should be treated just as seriously, and this can be achieved very effectively through a City Insights programme which makes the best use of valuable management or Investor Relations team time.
