Wealth management and financial advice group Tavistock Investments increased gross profits to £5.8 million in the six months to 30 September 2019.

This is a 2.8 percent increase from a year earlier where gross profits totalled £5.65 million.

Gross revenues also increased slightly in this period to over £14.3 million from £14.0 million at 30 September 2018. While gross revenues for Tavistock Wealth hit £2.74 million for the six-month period.

The firm also increased its funds under management (FUM) for the 18th consecutive quarter, and now stand at over £1.1 billion.

This represents an 18 percent...