Harwood Wealth Management grew pre-tax profits 63 percent during its latest financial year, completing nine acquisitions.

Pre-tax profit sat at £2 million for the year ended 31 October 2018, up from £1.2 million the year prior. This was despite the firm deploying £10.7 million on its acquisitions programme, a considerable acceleration compared with the £2.3 million invested on seven acquisitions the previous year.

Revenue was £32.7 million, up 23 percent on the previous year. The firm managed £1.7 billion on a discretionary basis (up 42 percent from £1.2 billion) and had influence over another £4.8 billion via i...