The Plymouth-based national IFA Continuum reports a 13% year-on-year increase in affected assets to a record £1.72 billion at the end of the first quarter of 2023. increase.
Asset growth marked the 35th consecutive quarter of growth, according to the company.
New advisors were added to Continuum this quarter, bringing the total to 63.
In Q1 2023, recurring recurring profit increased 8% year-over-year.
Last August, fund manager and wealth manager M&G acquired 49.9% of Continuum for an undisclosed amount. M&G plc plans to acquire the remainder over the next two years.
Continuum was launched in 2014 by founding partner Martin Brown and is focused on financial planning.
Managing Partner Martin Brown said:
“As we grow together, we come closer to establishing our business as the most trusted brand in financial advice and building a legacy of advice for future generations. We are excited to seize all the opportunities that the market presents as we have already had a very busy quarter and a surge in demand in both the investment market and financial planning.”