The True Potential group has reported its net profit for last year was up 47% as it benefited from a drastic increase in adviser numbers.
The group - which includes includes True Potential Investments, True Potential Wealth Management and True Potential Adviser Services, - reported a turnover of £27.5m for 2013, an increase of 112% on the previous year, and net profit of £5.3m - 47% up on 2012. True Potential senior partner Neil Johnson said much of the turnover increase was derived from the group's wealth management advisory business, which has seen adviser numbers increase by 255% last year. During the year the firm also added over £1bn of new assets onto its Wealth Platform. Johnson said the continued success of t...
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