The company behind the Transact platform has posted increased profits for the year to the end of September 2016.
Last year IntegraFin Holdings made a profit of £20.8m compared with £16.3m for the previous year.
The company is currently building up to a flotation on the London Stock Exchange, expected in early 2018.
IntegraFin also saw its revenue increase to £93.7m from £68.2m in 2015.
Gross inflows averaged £298m a month during 2016 while funds under direction increased from £19.1bn to £24.6bn.
Total gross inflows during 2016 were the highest since Transact’s creation.
In its accounts the company said: “Funds under direction have steadily grown over the last five years.
“Strong market growth, especially in the quarter to September 2016, has helped drive this increase.
“Earnings continue to show stable growth demonstrating the continuing strength of the business.”
Transact has seen average client growth of 7 per cent over the course of 2016.
The number of registered advisers with funds on the platform was 6,000 while the number of clients grew from 125,000 to 134,000.
In January Transact wrote to its shareholders telling them it will list on the London Stock Exchange in early 2018.
Chief executive Ian Taylor said its shareholders were “very happy” but added that he needed to find a way for them to realise their capital in the business if they wanted.
damian.fantato@ft.com
