AJ Bell platform assets hit £80bn as it reaches half million customer milestone
The firm brought 27,000 people on board during the six months
The firm brought 27,000 people on board during the six months
It gained £300m in new money during the first quarter, down from £700m at the start of 2023
Review of appointed representative firms to commence shortly
Gross outflows remained ‘elevated’ due to challenging macroeconomic backdrop
Assets under management stand at £17.6bn
Quilter also announced adviser school overhaul and rebrand
Adjusted operating profit in the investments arm of the business shrunk by 62% in 2023
New CEO Mark FitzPatrick will review ‘all elements of the business’ as he plans for 2030
Jump of 44% on the inflows through the same route a year ago
Total customers rose 12% in the year to reach 484,000
BM Investment Solutions offering for advisers contributed to 7.3% rise