Hargreaves Lansdown chairman Stephen Lansdown plans to sell 15m of his 132m shares in the company to fund private projects, including the proposed new stadium for Bristol City Football Club.
Hargreaves Lansdown increased its operating profit by 28% in the final six months of 2008 despite the financial crisis.
Investors are increasingly switching from cash ISAs to stocks and shares ISAs in order to achieve a higher return.
Hargreaves Lansdown has recorded a "satisfactory" 13% increase in operating revenue over the turbulent three months to 30 September.
The abrupt falls of both Lehman Brothers and HBOS have highlighted the shortcomings of the credit rating system, providers warn.
Hargreaves Lansdown posted a 42% increase in underlying before tax operating profit in its first full financial year as a publicly quoted company, up to £57.8m in the 12 months to 30 June.
The composition of funds in the IMA Specialist category are so diverse it is pointless to use the sector as a comparison tool, Hargreaves Lansdown argues.
Hargreaves Lansdown has weathered the Q1 market decline with only a 2% drop in total assets under administration.
Chairman of investment manager Hargreaves Lansdown, Peter Hargreaves, says he expects an "inferior" ISA season this year after the firm today announced a 58% jump in first-half profits.
AXA will pilot its Enhanced Annuity proposition with specialist IFA firm Hargreaves Lansdown, it has announced.