7IM sees platform gross and net inflows double

This follows a multi-million-pound and multi-year investment programme by the business into its technology as it seeks to "cement itself as one of the leading vertically integrated players in the wealth management industry". Gross inflows increased 104% year on year to £1.03bn from £504.9m and 17% on the previous quarter from £882.5m.   Over the same period, net flows rose 114% year on year to £426.5m, from £199.3m, and were up 42% on the previous quarter from £299.7m. 7IM recently expanded its platform relationship management team and aimed to strengthen its platform service team ...