Financial Planning and wealth management group AFH Financial said it would resume its hunt for acquisitions as revenues rose 4% to £77.1m for the year ending 31 October.

Statutory unaudited operating losses fell 47% to £3.6m (2019: £6.9m loss) at the Succession Wealth Financial Planning and wealth management group for the year ended 31 December 2020.

Total group funds under management at wealth manager and Financial Planner Brooks Macdonald increased 13.6% to £15.5bn in its second quarter ending 31 December 2020.

Foster Denovo Group, parent company of national advice firm Foster Denovo, has reported increased revenues of £21.2m in its audited financial results for 2019, up 8.2% year on year.