AJ Bell plc (AJB.L), an asset management company, in its trading update for its financial year ended 30 September 2024, said that platform customer numbers increased by 14% to close at 542,000 while platform assets under administration or AUA was up 22% to 86.5 billion pounds.
Platform business, gross inflows in the year were 13.1 billion pounds, up 41% from the prior year. Net inflows in the year were 6.1 billion pounds, up 45% from the previous year.
AJ Bell Investments' Assets under management or "AUM" reached 6.8 billion pounds, up 45% in the year.
AJ Bell expects to announce its full-year results for the year ended 30 September 2024 on 5 December 2024.
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