Hammonds adopts eye-catching strategy to drum up some fresh mid-market business
Even for a market that has suffered a torrid 18 months, Hammonds’ recent offer to delist companies from London’s Alternative Investment Market (AIM) for a £5,000 fee seems awfully symbolic – and not in a good way. After all, this market had not so long ago been one of the most lucrative for mid-market advisers. That is hard to square with Hammonds’ recent move to send out flyers to at least 20 nominated advisers offering to delist AIM companies with a market cap of less than £20m for a fixed fee of £5,000.
