Monetary Planning targeted nationwide IFA agency Continuum has reported turnover development of 12% in 2022 with property below affect rising 7% year-on-year to £1.6bn.

It additionally reported an 11% improve in its adviser numbers to 63.

Throughout the 12 months it strengthened ofits adviser help by means of a rise in its paraplanning and central administration groups.

The agency, arrange in 2014, was acquired by fund supervisor and wealth supervisor M&G in August for an undisclosed quantity.

Martin Brown, managing companion at Continuum, stated: “We’re effectively and actually on track to realize our bold development plans and to grow to be a real family title within the foreseeable future.”

He stated 2022 was a tricky 12 months for a lot of because the nation tackled financial uncertainty, spiralling inflation, worldwide unrest, and political uncertainty.

Investments and pensions specifically confronted a roller-coaster trip, he stated.

He added: “It was a robust 12 months for development at Continuum with property below affect persevering with to rise because of the high quality of our proposition and the way shut our advisers are to their purchasers.”

He stated document numbers of advisers joined the agency in 2022. The most recent was introduced this week with Derby-based Chartered Monetary Planner Jamie Lavery becoming a member of to take care of purchasers throughout Derbyshire.

Mr Brown stated: “Demand for prime quality inexpensive recommendation continues to rise, with extra folks than ever on the lookout for assist to navigate the cost-of-living disaster.”

In August fund supervisor and wealth supervisor M&G introduced it could purchase Continuum for an undisclosed sum. M&G plc agreed to take an preliminary 49.9% stake within the Plymouth-based firm with an settlement to amass the rest over the next two years. The deal is topic to regulatory approval.

Launched in 2014 by founding companion Martin Brown, Continuum has 63 IFAs and is Monetary Planning targeted.

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