Financial services firm True Potential (TP) has posted a further rise in profits in its half year results and has credited its "focus on providing technology" for its continued success.
The group's half year results, spanning the first half of 2014, showed an increase in turnover of 87% compared with the same period last year - from £11.1m to £20.8m. The group's profit before tax reached £4.9m - an increase of 104% on H1 2013. Latest annual results showed a net profit of £5.3m - up 47% on the previous year - largely down to an increase in adviser numbers. The True Potential group of companies includes platform TP Investments; national advisory firm TP Wealth Management; network TP Associate Partners; and support services company TP Adviser Services. Senior part...
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