The firm’s half-year report also showed record net inflows of £5.8bn, up 32%, with platform assets up 13% at £117.9bn.

Revenue showed an increase of 12% to sit at £379m, while adjusted pre-tax profit to the end of June was £112m, an increase of 12%.

Chief Executive Officer Steven Levin said: “Our strong momentum has continued in H1 2026 as we delivered good profit growth and sustained excellent flows. 

“Our business continues to outperform our market peers, with greater absolute inflows and higher growth as a percentage of opening assets. 

“This clearly demonstrates the strength of our dual-distribution model and the progress we have made against our strategic priorities. 

“Our business continued to build on the momentum of the last two years, is in great shape, and is well positioned to deliver on the significant long-term growth opportunity in the UK wealth market.”

He added: “Our strategy is working – we are benefiting from structural growth in the UK wealth market, broadening our distribution reach and investing in the capabilities that will support future efficiency and operating leverage.”