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Ascot Lloyd reports strong full year results

News Team, 27/08/2021

The Ascot Lloyd Group, an independently owned IFA firm, saw group revenues increase by 24 percent to £63 million in the year ended 31 December 2020.

A year earlier, revenues stood at £51 million.

EBITDA increased by over 20 percent to £14.3 million from £11.9 million a year earlier.

AUM also rose from £6.8 billion to £9.4 billion with Avellemy, the group’s discretionary fund manager, responsible for £1.8 billion of these assets at the end of the year.

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