Rosemount Financial Solutions (IFA), a mortgage, protection and Financial Planning network, has reported 25% growth in revenue year on year in its latest trading update.

The Basingstoke-based network has also been on a recruitment drive over the past year, adding eight new members of staff, covering compliance, admin support and software development.

In addition to a rise in staff numbers, adviser numbers have grown by 31 over the year, 12 of which are Financial Planners with the rest being mortgage and protection advisers. Total adviser numbers have risen to more than 130.

Total AUM has risen £500m in the past year to £2.5bn.

The network said 2024 figures were bolstered by a 33% increase in protection business.

The company said it had a “record-breaking year” in 2024 and had seen growth in revenue over the past five years of 56%. Financial figures for total revenue were not disclosed.

The update to performance figures was given at Rosemount’s annual conference, held recently at Fidelity’s offices in Cannon Street, London.

Advisers received a talk from surprise guest Tony Adams, the former England and Arsenal captain, who spoke about his experience with addiction and the partnership between his mental health support business, Six MHA, and Rosemount.

Rosemount also announced further support for its chosen charities, Stepping Stones DS and Hazie Days. These charities support children and young people with Down’s Syndrome, and children with additional needs, respectively.

Over the year Rosemount donated £4,500 to the charities, with an additional £4,256 donated by advisers on the conference day. The network confirmed it will be holding a charity ball this year to raise further funds for the charities.

Ahmed Bawa, CEO of Rosemount Financial Solutions (IFA), said: “Our annual conference is always a special day in the calendar, but this year’s was even more significant than usual given the incredible performance across the network over the last 12 months.

“This level of growth is little short of extraordinary, given the challenges advisers have faced in certain sectors, and is a tribute to the incredible standard of advisers within the Rosemount family.”

Rosemount Financial Solutions (IFA) claims to be one of the largest independent mortgage and Financial Planning networks in the UK. It was founded in 2006.