Cost cutting helped Mattioli Woods maintain modest profit growth over the past 12 months in the face of market challenges.

Aviva’s platform business was said to have maintained “healthy net fund flows” in a challenging climate.

Smith & Williamson, the financial and professional services group, has announced boosted funds and profits in a “solid” performance for the year ended 30 April.

Acquisitive Financial Planner and discretionary manager Harwood Wealth Management has reported a 74% rise in pre-tax profit to £1.63m in its half year interim results out today.