AJ Bell has seen pre-tax profits increase from £16.8m to £21.7m thanks to a 78% year-on-year increase in new business, with the strong growth leading to chief executive Andy Bell commenting "we have no need for acquisitions".
In its results for the full year to 30 September, the firm said assets under administration increased 25% from £31.8bn at the end of the full year 2016 to £39.8bn. Assets under administration growth...
Joe McDonnell joins as head of portfolio solutions (EMEA)
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