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Cost cutting boosts pre-tax profit at Mattioli Woods

Mattioli Woods, the wealth management and SIPP business, has reported profit before tax up 36.7% to £13.4m for the year ended 31 May.

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7IM reports pre-tax profit up 15% as AUM grows

Platform and investment manager 7IM has reported group pre-tax profits rose 15% to £9.3m in 2019.

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Profits fall 30% at Standard Life Aberdeen as Covid-19 hits

Standard Life Aberdeen reported sharp falls in revenue and profits today due to the impact of Coronavirus and Lloyds Banking Group pulling out £25bn of managed funds. 

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Hargreaves profits jump 24% as 188,000 new clients sign up

Bristol-based wealth manager and investment provider Hargreaves Lansdown has reported a 24% rise in pre-tax profit for the full year to 30 June to £378.3m.

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