AJ Bell’s platform net inflows increased by 43% during its last financial year to £7bn with advised net inflows totalling £3.8 bn, latest results show.
Figures released today (21 October) said overall the company saw inflows increase 52% to £6.4bn during its last financial year with customer numbers up by about a third to 382,754. Its total assets under administration increased by 29% in the year ended 30 September 2021 to close at £72.8bn compared to £56.5bn in its last financial year. It said, in comparison, the FTSE All-Share Index rose by 24% and the MSCI World Index rose by 27% in the year. The firm said its platform business had "once again delivered strong organic growth in customers, net inflows and AUA during the year". T...
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