UK-based wealth manager Harwood Wealth Management Group has increased its pre-tax profits by 74 percent to £1.63 million in the first half of 2019.

In the firm’s unaudited consolidated interim results for the six months ended 30 April 2019, it also announced a six percent increase in revenues from £15.13 million at the end of H1 2018 to £16.12 million.

Gross profits increased by 16 percent to £7.93 million, while adjusted EBITDA increased by 28 percent to £3.46 million.

Assets under influence and assets under management also both increased by 23 percent (£5.3 billion) and 13 percent (£1.8 billion) res...