AJ Bell plans stockmarket float - reports

The platform, which made a £21.7m pre-tax profit in its last financial year, is unlikely to go public until Q4 2018, Sky News reports. The platform held £30.9bn assets under administration on its adviser and D2C platform as at 30 September 2017, while it also held another £8.9bn in non-platform products.  According to Fundscape's latest quarterly platform report, AJ Bell saw the biggest proportional growth in assets - up by 25% (£6.3bn) - in the first nine months of 2017. Founder Andy Bell (pictured) controls 28% of the company's shares, Invesco Perpetual 37%, Woodford Investment M...