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Tavistock profits boom following disposal of AM business

News Team, 06/12/2021

Tavistock Investments has increased its pre-tax profits for the first six months to 30 September to £35.5 million, following the disposal of Tavistock Wealth (TWL) to Titan Asset Management.

In H1 2020 the firm recorded a £416,000 loss.

Adjusted EBITDA was down 13 percent to £1.1 million from £1.3 million a year earlier. Th...


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