Evelyn Partners has reported a 12.6% increase in its operating income in the six months to June 2023, with assets under management (AUM) and advice growing to £54.9bn.
Group operating income totalled £327.2m during the period, with 9.7% growth in financial services as "clients continued to see the value of expert advice". Evelyn Partners' AUM and advice reached £54.9bn by 30 June compared with £52.7bn around the same time last year. Over the first half of the year, the firm delivered £3.8bn of gross inflows - up 40% year-on-year, and on a net basis it reported inflows of £1.8bn, which it said was due to "the value of the advice it provides". Meanwhile, net flows reached £1.8bn, marking a 63.6% increase from £1.1bn in H1 last year. Adjusted ear...
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