Hargreaves Lansdown sees record £7.6bn net new business in 2017/18

‘Client service key to structural growth’

Julian Marr
clock • 2 min read

Hargreaves Lansdown attracted £7.6bn of net new business over the 12 months to 30 June 2018 - a 10% rise on the preceding 12-month period and a new record for the UK's largest direct-to-investor investment service.

The group's annual results, published this morning, also revealed assets under administration had grown 16% to £91.6bn in the period under review, while the number of "active clients" was up by 137,000 to 1,091,000. Focusing on the client-focused nature of the business, chief executive Chris Hill said Hargreaves Lansdown's strategy was based on "the delivery of excellent client service through our interactions with our clients and the solutions we offer on our platforms". He added: "We want to be a household name, known as the best place for savers and investors in the UK - a place where...

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 Companies

West Country firms achieve CISI chartered status

West Country firms achieve CISI chartered status

Dean Stevens WM and William Highbourne WM

Jenna Brown
clock 19 June 2026 • 2 min read
Charles Stanley to drop 200-year-old name in Raymond James rebrand

Charles Stanley to drop 200-year-old name in Raymond James rebrand

Follows 2022 acqusition

clock 18 June 2026 • 2 min read
Director payment dispute keeps adviser Jones Hill liquidation open after three years

Director payment dispute keeps adviser Jones Hill liquidation open after three years

Former advice business entered liquidation in 2023

Isabel Baxter
clock 17 June 2026 • 3 min read