Asset management giant Schroders saw a five-fold increase in profits from its wealth management joint ventures in 2024, according to its latest financial results.
Aegon’s UK adviser platform continued to see net outflows in the second half of 2024, according to its latest financial results.
Gross inflows into Quilter’s platform from IFAs rose 91% year-on-year during the fourth quarter of 2024.
Assets under management held steady for investment manager Premier Miton at £10.7bn in the fourth quarter of 2024, despite £33m in net outflows.
Advised platform customers rose 8% for AJ Bell to pass 171,000 for the year ended 30 September (30 September 2023: 159,000).
Net outflows fell to £318m for asset manager Premier Miton for the year ended 30 September 2024.
Assets under management rose 35% year-on-year to £19.95bn for investment manager and IFA support firm Tatton Asset Management for the six-month period ended 30 September.
Financial Planning and professional services firm Evelyn Partners saw assets under management and advice (AUM/A) rise 13% year-on-year to £62.7bn at 30 September.
Wealth manager St James’s Place saw assets under management rise to a record £184.4bn at 30 September (Q3 2023: £158.6bn), despite a drop in net inflows for the quarter.
Net outflows have slowed for Financial Planner and wealth manager Brooks Macdonald with the firm reporting net outflows of £0.1bn for its first quarter ended 30 September.
Financial Planner and wealth manager Quilter has reported core net inflows of £1,507m for the quarter ended 30 September.
Jupiter Fund Management saw £1.6bn in net outflows for the quarter ended 30 September, taking total net outflows for the year to date past the £5bn mark.
Operating income rose 1% to £944.2m for merchant bank and investment provider Close Brothers for the year ending 31 July.
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