True Potential group profits grew 80% in 2021

The group also saw a 52% growth in its turnover which reached £281m last year, up from £184.9m in 2020. Its profits also grew from £74m in 2020 to £132m in 2021. It credited this growth to its hybrid advice models, which were underpinned by technology. The wealth manager added 20,532 new clients to the service in 2021, it said, with more than 38,000 clients that were fully advised, serviced and supported through its central advice team by the end of last year. The results also highlighted that 273 advisers joined the group in 2021, and the assets on the firm's in-house investment plat...