AJ Bell platform assets drop amid adverse market conditions

FTSE loses 6% in three months to June

clock • 1 min read

Assets under administration at AJ Bell’s platform business ended the third quarter down 5% at £63.5bn, which the firm attributed to “adverse market movements.”

The FTSE All-Share index fell 6% in the three months to June, while the MSCI World index fell 9%. Platform business flows climbed to £1.6bn, down from £2.1bn this time last year. Customer numbers increased by 14,120, closing the quarter at 417,503, up 18% on last year and 4% on the previous quarter. Advised customers were up 16% for the year to June 2022, and 3% over the quarter, while D2C customers were up 20% over the year and 4% over last quarter. AJ Bell's Andy Bell to step down in October Assets at AJ Bell Investments climbed 9% to £2.5bn in the three months, marking a 25% ...

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 Wrap/platforms

Why advisory businesses need to question their platforms' operational resilience

Why advisory businesses need to question their platforms' operational resilience

'If you're a financial advice firm, client trust is your most valuable asset'

Martin Jennings
clock 30 April 2026 • 4 min read
Vanguard UK Platform Awards – Adviser voting now open

Vanguard UK Platform Awards – Adviser voting now open

Across several categories

Clive Waller
clock 29 April 2026 • 1 min read
What golf's distance problem can tell us about the future of platforms

What golf's distance problem can tell us about the future of platforms

'We can't hope to fulfil our potential by standing still'

Steve Andrews
clock 22 April 2026 • 4 min read