Investment company handling assets worth almost £40bn
Annual profits at Manchester-headquartered AJ Bell have surged 29% as the investment platform’s assets under administration have risen to nearly £40bn.
Pre-tax profits for the year to September 30, 2017 grew to £21.7m from £16.8m as the company continued its strong growth of customer numbers.
The company provides online pension, investment and stockbroking services to customers across the UK.
Retail customers increased by 17% to 164,557, while assets under administration rose 25% to £39.8bn from £31.8bn.
The increas... 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...
