Tatton Asset Management, the on-platform discretionary fund management (DFM) and support services business for independent financial advisers (IFAs), has reported a 15.7 percent increase in revenue to £8.45 million in its interim results for the six months ended 30 September 2018.
The group also reported an increase in profit before tax from £0.56 million in 2017 to £3.08 million whilst adjusted operating profit increased by 8.3 percent to £3.35 million from £3.09 million.
Additionally, discretionary assets under management (AUM) increased 29.5 percent to £5.7 billion compared to £4.4 billion in 2017 and average ...