Manchester based investment firm announces record results

AJ Bell's headquarters at Exchange Quay
Manchester based investment vehicle and stockbroker AJ Bell said profits before tax rose by almost a quarter in the last 12 months. The firm said the impressive interim results were the most profitable in its 23 year history and it is now pushing ahead with plans to list on the Stock Market. Customer numbers were up 12% to 183,482 and assets under administration rose 5% to £41.8bn. Revenue increased 16% to £42.9m and profit before tax rose 24% to £13.9m. The firm launched two new income-focused multi-asset portfolios wi... 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...
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