- IntegraFin Holding
- 16 July 2024 09:23:28
Source: Sharecast
Integrafin said client numbers rose 2% to an all-time high of 234,000 in Q3, with roughly 4,000 new clients being added to its Transact platform over the past twelve months. Registered advisers grew 5% to 8,000 – another fresh record.
Net inflows to its Transact platform during the period were flat quarter-on-quarter at £700.0m, while gross inflows were down £200.0m at £2.0bn.
The FTSE 250-listed firm did deliver a record quarter in terms of average daily funds under direction, which jumped from £58.6bn on 31 March to £61.4bn on 30 June.
Chief executive Alex Scott said: "Once again, our quarterly performance has demonstrated the resilience of the Transact platform and the consistent performance of the IntegraFin Group.
"By remaining focused on our business model and strategy, the group is well placed to continue to take advantage of a growing UK adviser platform market."
As of 0920 BST, Integrafin shares were up 0.18% at 370.18p.
Reporting by Iain Gilbert at Sharecast.com