Frenkel Topping half year profits hit £1m
Salford Quays-based independent financial adviser and asset protection specialist Frenkel Topping Group has said it is on target to more than double 2016 operating profits, as it refocuses its efforts on growing assets under management having ditched its plans for a sale.
Revenue grew to £3.9m for the for the six months to the end of June, with recurring revenue representing 81% of that total, while half year pre-tax profits hit £1m (2016: £300.000). Total assets under management (AUM) increased to £765m (2016: £687m).
Last... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
