Independent consultancy and financial planner Jelf has seen revenues increase by 8.4 per cent to £82.6m, from £76.2m in 2013.
The firm’s results for year ended 30 September 2014 also showed that earnings before interest, taxes, depreciation, and amortisation increased by 32.4 per cent to £14.6m - up from £11m last year - while profit after tax increased by 40.4 per cent to £6.5m - rising from £4.6m.
Adviser productivity in the financial planning business also rose 8.4 per cent, helping to drive increased margins and earnings before interest of £400,000.
The acquisition of The Insurance Partnership last June has delivered ahead of expectations, while two additional bolt on acquisitions made during the period for a total consideration of £400,000.
The TIP acquisition helped push insurance earnings before interest up 69.3 per cent to £9.4m - from £5.6m in 2013 - while the employee benefits business delivered earnings before interest of £4.8m.
Alex Alway, group chief executive, said that trading since the start of October has been in line with expectations and he is looking forward to another year of profitable growth.
peter.walker@ft.com
