Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

AIM-listed wealth boutique breaks £4bn

AIM-listed wealth boutique breaks £4bn

Tatton Asset Management has moved beyond the £4 billion mark. 

The boutique, which listed on the Alternative Investment Market (AIM) in July, revealed assets under management had risen from £3.85 billion to £4.44 billion in the six months to 30 September. 

In its trading update, Tatton also said the business received fund inflows at a run-rate of over £80 million per month.

Paradigm Partners, the group's IFA support services business, saw membership growth rise from 352 firms in March to 356.  

Meanwhile, Paradigm Mortgage Services, the Tatton's mortgage distribution and support services business, saw membership rise to 1,143 mortgage firms during the period.

Commenting on the numbers, Tatton founder and CEO Paul Hogarth (pictured) told the market. 'Our successful IPO in July 2017 has been very well received by client firms supported by the group and I am also pleased to report the continued strong growth in our funds under management.  

'This growth is further evidence of the increasing demand for a low cost DFM service to the mass affluent market place served by the IFA sector, which the group is ideally placed to capitalise on.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play CEO Tapes: dangerous data and great technology

CEO Tapes: dangerous data and great technology

In the third part of our latest series the debate turns to technology and the huge impact it is having on the fund management industry.

1 Comment Play Quilter CEO on IFAs, robos & his own DB transfer

Quilter CEO on IFAs, robos & his own DB transfer

In the final part of our interview with Paul Feeney, the Quilter chief executive declares that the government has 'left the ring' on savings policy, rounds on robo-advice, and reveals his own experience of the DB transfer market.

Play CEO Tapes: ESG - we need to get better at the 'G'

CEO Tapes: ESG - we need to get better at the 'G'

In the second part of our CEO series, we explore the burgeoning ESG concept with fund bosses outlining how they try to make a difference.

Read More
Wealth Manager on Twitter