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Hargreaves platform director exits

Hargreaves platform director exits

The director of Hargreaves Lansdown’s Vantage platform and broking operations Nick Marson has left the firm as part of a management reshuffle.

He has been in the role for six years after joining the Bristol-based group’s back office in 2007.

Responsibilities have now been reallocated between chief operating officer Vikki Williams and commercial director Ian Hunter.

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The firm declined to comment any further on the change, but wished him well for the future.

Earlier this month, Hargreaves Lansdown reported net new business inflows of £1.43bn for the quarter, up 47 per cent on the same period last year, along with total active client numbers up by 24,000.

However, while total revenues for the year to the end of June rose 10 per cent to £395m, pre-tax profits fell by 5 per cent to £199m. The operating profit also declined by 5 per cent to £198m.

peter.walker@ft.com