AJ Bell plc (AJB.L), in its trading update for the second-quarter ended 31 March 2025, said that Platform business customer numbers increased by 32,000 in the quarter to close at 593,000. Assets under administration or "AUA" was 90.4 billion pounds, up 13% over the last year and 1% in the quarter.
Platform business's Gross inflows in the quarter was 4.0 billion pounds, up 18% from the prior year. Net inflows in the quarter was 1.9 billion pounds, up 19% versus prior year.
AJ Bell Investments' Assets under management increased to 7.5 billion pounds, up 29% over the last year and 4% in the quarter. Net inflows in the quarter was 0.4 billion pounds compared to 0.4 billion pounds in 2024.
AJ Bell expects to announce its interim results for the six months ended 31 March 2025 on Friday 23 May 2025.
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