AFH Financial reports 'significant growth' since floatation

Jenna Towler
clock

Revenues at AFH Financial were up 20% compared to last year to just over £3m, its interim results have shown.

The IFA firm also reported recurring income increased by 29%, with its adviser numbers increasing from 53 at floatation, in June last year, to 88 today. It completed five acquisitions during the results period and eight since floatation on the Plus-SX stock exchange. It's profit, before tax, was about £430,000, up 14% from just over £380,000 last year. Alan Hudson, chairman and chief executive of AFH said: "Operationally, the group has grown significantly  in  the period since flotation.   "We  have strengthened our management team considerably and we  have  also increased our adminis...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA: Top ten wealth management firms hold nearly 90% of all UK clients

FCA: Top ten wealth management firms hold nearly 90% of all UK clients

FCA survey

Patrick Brusnahan
clock 18 August 2026 • 3 min read
Small advice firms feature prominently in buyer criteria on online M&A platform

Small advice firms feature prominently in buyer criteria on online M&A platform

First advice firm seller cohort go live on Melo’s Project Exit

Isabel Baxter
clock 18 August 2026 • 4 min read
'They're angry about tax': Why some UK clients are looking to move away

'They're angry about tax': Why some UK clients are looking to move away

IHT changes continue pushing clients out, according to Blevins Franks CEO

Sophia Panayi
clock 18 August 2026 • 4 min read