Transact has posted its highest-ever quarterly inflows as its total assets under management reached £46.9bn.
The platform posted net inflows of £1.4bn during the three months to the end of March. This compared with net inflows of £1.1bn during the same period in 2020.
In total advisers placed £2.1bn with Transact during the quarter, though there were £686m of outflows.
Market movements contributed £694m towards the growth in Transact's assets.
Alex Scott, the chief executive of Transact owner Integrafin, said: "I am pleased to report that in our second quarter we achieved our highest ever quarterly inflows, both gross and net.
"Compared with our second quarter last year, our previous highest, gross inflows increased 27 per cent.
"The strength of inflows reflects not only a strong tax year end performance, but also advisers' positive reaction to price reductions announced in December and our continuing delivery of quality service."
Late last year Integrafin was among the companies which bid to buy Nucleus, through it ultimately pulled out in early January.
Integrafin said it expected costs associated with that process will affect its half year results, which will be published next month.
Earlier this year Integrafin bought financial planning software provider Time4Advice for an undisclosed sum to improve its adviser back office processes as well as its platform.
damian.fantato@ft.com
