
PE-backed Ascot Lloyd reports 28% bump in revenues
National IFA business Ascot Lloyd has reported an increase in revenues of 28% for 2021 to £380.3m, up from £62.6m the previous year.
Its 2021 full-year results also said adjusted EBITDA at the business was £23.1m compared to £14.2m in 2020, a 63% increase. It added total funds under management stood at £9.8bn in 2021, up from...
To continue reading this article...
Join Professional Adviser
- 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.