True Potential has reported a rise in profits of 47 per cent to £5.3m and a turnover increase of 112 per cent to £27.5m.
The financial and technology services group has published its end of 2013 results today.
The latest quarterly results showed there are now 428 financial advisers within True Potential Wealth Management, up 169 per cent from the same period last year when the firm had 159.
Neil Johnson, senior partner at True Potential, said: "With all distribution there is a time lag between the initial investment in bringing people on board and the eventual increase in profit as they go through their first full year with us.
"As a result, we expect our group profit growth to continue as it catches up with the increased turnover we have experienced.
"This can already been seen in our quarterly figures with profit up to £2.2m in the first quarter of 2014, an increase of 105 per cent on 2013."
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Mr Johnson said: "2013 was a pivotal and highly successful year for the True Potential group.
"It was a year in which our investment in innovation and the strategies we have employed over previous years came together and began to flow through into measurable financial benefits."
He added that use of technology and a flexible management structure had been the key to continued growth.
The True Potential group of companies now has 158 employees and partners, up from 114 at the same time last year.

The firm has also announced various senior appointments:
Laurie Edmans, chairman of Marine & General Mutual and of Trinity Mirror Pension Plan Trustees and a non-executive director of the Money Advice Service, becomes a non-executive director.
Sheriden Davy, formerly of Blackrock and the DWP, becomes head of risk and compliance
Colin Beveridge, formerly of The Alliance Trust and Scottish Widows Investment Partnership, becomes chief investment officer.