National IFA Continuum, owned by M&G, saw a 17% increase in assets under influence year-on-year to £2.6bn in the first half of the year, it has revealed in its financial results.

The Plymouth-based firm said the growth in assets was driven by new and existing clients.

It said income from new business was up 23% year-on-year to pass £2.5m in the first half, with June setting a new record for banked income in a month of more than £1.3m, a 5% rise year-on-year.

Nine new advisers joined the partnership in the first six months of the year, taking total adviser numbers to 81. Average adviser 12-month rolling productivity also rose 9% year-on-year to £227,498, it said.

Martin Brown, managing partner at Continuum, said: “The economic and political turmoil we have all experienced in the first half of this year has driven more Brits towards seeking professional financial advice and Continuum has benefited from this increased demand with more people turning to us to help navigate their finances.

“We are on target to continue our strong growth trajectory into the second half of this year and beyond.”

The company has just launched ‘Continuum Workplace’, a service targeting private sector businesses of up to 250 employees.

It offers a personalised one-to-one advice service for employees covering a wide range of Financial Planning areas including mortgages, life insurance, investing, retirement, tax planning and a ‘wellbeing’ programme.  

Martin Brown said: “Employee benefits play a crucial role in attracting, retaining and motivating top talent within organisations. In today's competitive job market, offering a comprehensive package of workplace benefits can be a key differentiator, making a company more attractive to potential employees.

“A well-designed tailored benefits package can not only improve individual performance but also help to create a more resilient, motivated workforce. We have many businesses as clients among our 19,500 clients. Continuum Workplace will allow us to bring our offering and service to this corporate community across the UK.”

Continuum was set up in 2014 by founding partner Martin Brown as a national IFA. It is part-owned by M&G which bought a 49% stake in 2022 with the intention of fully acquiring the business over time.