AJ Bell's platform AUA reaches £83.7bn as customer numbers rise

Number of platform customers and advised customers rise for AJ Bell

clock • 1 min read

AJ Bell has recorded an increase in the number of advised customers, helping drive its platform assets under administration (AUA) to £83.7bn, 20% higher than a year ago.

In a trading update published today (18 July), the investment platform said the previous quarter saw a 2% rise in the number of advised customers, with the 168,000 figure representing a 7% climb in the last year.  In the three months ended 30 June 2024, AJ Bell also saw customer numbers rise by 5% to 528,000. It also recorded a significant rise in gross and net inflows. Gross inflows hit £3.7bn, a jump from £2.4bn in 2023, while net inflows also surpassed the previous year's levels, increasing from £1.1bn to £1.7bn.  This marks the first time the company's AUM has exceeded £6bn, re...

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

Advised platform AUM tops £711bn in Q3 with new business hitting 'all-time highs'

Advised platform AUM tops £711bn in Q3 with new business hitting 'all-time highs'

Headed towards a ‘record-breaking year’

Jenna Brown
clock 06 November 2025 • 2 min read
Embark 'working to resolve delays' after advisers flag transfer backlogs

Embark 'working to resolve delays' after advisers flag transfer backlogs

One client was unable to complete £400,000 pension transfer for over two months

Sahar Nazir
clock 03 November 2025 • 3 min read
Platform innovation: Terry Huddart on 7IM's Online Reporting

Platform innovation: Terry Huddart on 7IM's Online Reporting

'It's a fundamental upgrade to the client area of the platform'

Terry Huddart
clock 24 October 2025 • 6 min read