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Plymouth-based nationwide IFA Continuum has reported property underneath affect up 13% year-on-year to a document £1.72bn on the finish of the primary quarter of 2023.
The agency says the expansion in property marks the thirty fifth consecutive quarter of progress.
The quarter additionally noticed Continuum add new advisers, boosting the whole to 63.
Throughout Q1 2023 the agency noticed an 8% rise in ongoing recurring earnings, year-on-year.
In August final 12 months fund supervisor and wealth supervisor M&G acquired 49.9% of Continuum for an undisclosed sum. M&G plc is predicted to accumulate the rest over the next two years.
Continuum was launched in 2014 by founding associate Martin Brown and is Monetary Planning centered.
Martin Brown, managing associate, stated: “The primary quarter of 2023 was a milestone interval for our enterprise with the completion of our new partnership with M&G giving us the platform to propel our enterprise additional ahead.
“As we develop stronger collectively, we transfer ever nearer to establishing our enterprise as probably the most trusted model for monetary recommendation, and in doing so constructing a legacy of recommendation for future generations. With quarter two already extraordinarily busy, we’re excited to grab the complete alternative that the market presents, as each funding markets and Monetary Planning calls for surge.”
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