Full year profits rise 7% for Birmingham IFA
IFA Chase de Vere has announced an increase in full year profitability, revenue and adviser productivity.
The company, which has an office in Birmingham, reported a pre-tax profit of £5.8m for the full year ended December 31, 2016 (2015: £5.4m), an increase of 6.9%.
Fee income revenue increased from £50.1m in 2015 to £51.8m and average fee income per adviser rose from £216,000 to £245,000 over the same 12-month period.
Stephen Kavanagh, chief executive, Chase de Vere, said: “Our 2016 performance represents another yea... 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...
