AJ Bell platform AUA hits £89.5bn as advised customers increase 8%

Quarterly inflows of £1.4bn

Cristian Angeloni
clock • 1 min read

AJ Bell has posted a 17% rise in assets under administration (AUA) for 2024, hitting a record £89.5bn at the end of last year.

In its quarterly trading update today (29 January), the firm reported a 3% increase in AUA, aided by £1.4bn in net inflows over the last three months of 2024, up from £1.3bn in the same period a year prior. The number of advised customers on the platform rose by 8% last year to 174,000 – a 2% quarterly increase – whereas D2C customers grew by 20% to 387,000 for the year, up 4% for the three-month period. AJ Bell CEO Michael Summersgill said the firm had a "strong" quarter thanks to the benefits of its dual D2C and adviser channel model. "This strong performance was driven by contin...

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 Your profession

PA Asks: Should the FCA intervene to tackle pension delays?

PA Asks: Should the FCA intervene to tackle pension delays?

Plus, did the FCA's consolidation review go far enough?

Professional Adviser
clock 07 November 2025 • 1 min read
FE Fundinfo expands adviser platform with acquisition of Contengo

FE Fundinfo expands adviser platform with acquisition of Contengo

Deal intended to strengthen Nexus platform

Sahar Nazir
clock 07 November 2025 • 2 min read
Advisers warned against 'tick-box' cashflow modelling

Advisers warned against 'tick-box' cashflow modelling

Cashflow modelling ‘only as good as the information you put in’

Sahar Nazir
clock 06 November 2025 • 5 min read