Wealth and Asset Management
AJ Bell clients and profit spike as Covid-19 hits AUM
Client numbers at AJ Bell jumped 13% in the six months to the end of March, driving pre-tax profit 28% higher to £22.7m. Revenue climbed 22% higher to £60.9m, while net inflows rose £2.1bn from £1.8bn in the previous period. Net platform inflows rose 19% to £2.5bn. Chief executive Andy…
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