Ashcourt Rowan Q1 turnover up 16%

Whilst like-for-like turnover in operations increased 16.6% from April 1 to June 30 compared to the same period last year, the group's flagship wealth management division recorded a 24.4% increase in turnover. Its financial planning division also saw revenues grow 67.6% following the integration of the Co-Op Independent Financial Advisers business, acquired in October 2010. The company said it has committed significant resources to the intermediary space and is now strongly positioned to offer solutions to IFAs restructuring their fund management business models ahead of the Retail Di...