The Dow Jones Industrial Average closed above 17,000 points for the first time on Thursday.
The group said it is generating above-average returns for clients, with its three key portfolios outperforming their peer group in the first quarter. It said trading benefited from strong market conditions in the first half, which, coupled with the growth in funds under management and influence, "should result in solid growth in first half revenues."
The wealth management group said funds under management and influence grew to about
"We continue to review further organic growth and targeted acquisition opportunities that have the ability to widen our geographic reach, broaden our scope of services and access important new client niches in the second half of the year," Morton said in a statement.
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