Continnuum reports 56% growth in profit

Plymouth-based Financial Planning firm Continuum has reported a 56% growth in gross profits (year on year) for the first half of 2021.

Net assets increased by £300m over the half, an increase of 38% year on year.

Assets under advice now sit at over £1.4bn for the fast-growing firm.

The Financial Planning firm said it expects turnover for the year to grow 36% year on year to hit £10.2m by the end of the year.

Five new advisers joined the business in the first half of the year, taking the firm to 55 advisers across the country.

Client numbers increased 13% year on year to a total of over 12,400 clients for the firm.

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