Wealth manager 7IM is “looking to the future with confidence” despite Covid-19 taking a toll on profitability in 2020.
According to the firm’s full-year accounts, just filed at Companies House, profits before members’ remuneration were £18 million in 2020, down from £21 million in 2019.
The directors’ report stated that profits were the firm’s main KPI and as such this result was “disappointing”. However it could be largely explained by the market and concu...