Continuum assets up 22% to £1.86bn
Plymouth-based national IFA firm Continuum has reported assets under influence up 22% year on year to £1.86bn.
In a trading update today for the quarter ended 30 September, firm said it had also seen a 13% increase in recurring income and a 9% increase in annualised turnover projection to £12.94m.
It reported a 6% increase in income from the firm’s partnership with accountancy body 2020 Accountancy.
Continuum’s number of advisers was up 15% year on year to 70.
Active client numbers were up 18% year-on-year to 14,153 across all client types including transactional.
Continuum is part-owned by M&G which took an initial 49.9% stake in the company in August 2022 with an agreement to acquire the remainder of the business over the following 2 years.
In an upbeat comment on future prospects, Martin Brown, managing partner at Continuum, said the FCA’s new Consumer Duty brings would bring new opportunities for businesses offering high quality advice.
He said: “Every day offers opportunity and the implementation and impact of the FCA’s new Consumer Duty redefines the financial advice sector by increasingly driving clients to high quality trusted advice firms.”
From Financial Planning Jobs. For more click on any job.
-
Chartered Financial Planner - Staffs - £80k-£100k
Financial Planning Jobs Read more... -
Wealth Managers - UK-wide Opportunities with HSBC
Financial Planning Jobs Read more... -
Performance Director - South West - £100k+bonus
Financial Planning Jobs Read more...
This is a selection of jobs from our new Financial Planning Jobs site - for more job vacancies click on any job or the link below.
Financial Planning Jobs https://jobs.financialplanningtoday.co.uk/