Mattioli Woods has reported revenues for the six months to the end November were up over 16 per cent on the previous year.
The Aim-listed wealth manager and employee benefits group reported a cost-cutting strategy for clients was increasing interest from new customers.
Mattioli Woods reduced the custody charge for clients using its investment platform.
The business will release interim results for the six months ended 20 November on 6 February and reported these will be in line with management expectations.
Ian Mattioli, chief executive of the Leicestershire-based company, said figures represented “another period of strong and sustainable growth”.
Mr Mattioli said: "I believe that being open and transparent about reducing costs has led to higher business volumes.
"As our business grows, I expect operational gearing will allow us to further improve the client offer."
The results showed that total client assets are now more than £8.3bn, with gross discretionary assets under management of more than £2bn.
The group's asset management business includes a discretionary portfolio management service, Private Investors Club, the Custodian Reit PLC, the Mattioli Woods Structured Products fund and the funds managed by associate company, Amati Global Investors,
The company, which has made a series of acquisitions in recent years including an investment in Amati and the acquisition of pension administration group MC Trustees, has said it is still considering acquisitions.
Mr Mattioli said in the update that acquisitions were performing and integrating well.
He said: "Acquisitions continue to be a core part of our growth strategy and we believe further consolidation within our core markets remains likely.
"Our strong balance sheet gives us the flexibility to make further value-enhancing acquisitions."
