AJ Bell took in total net inflows of £1.8bn during the three months to 30 June, with its total assets under administration (AUA) increasing to £70.4bn, thanks in part to strong growth in customer numbers.
In the three-month period, the investment platform increased its total customer numbers to 368,033, a 6% increase during the quarter and 30% over the past year. Both advised and D2C platform customers also continued growing, with a total of 21,023 new customers added in three months. The total AUA marked an increase of 8% over the quarter, helped by a 9% rise in platform AUA, which closed at £63.1bn, and a 43% increase in AJ Bell Investments' assets under management (AUM) to £2bn during the quarter. D2C net inflows during the quarter increased by 25% compared to the same period las...
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