22nd Oct 2026 11:30
(Alliance News) - AJ Bell PLC on Thursday said its low-cost investment solutions continued to see "strong" demand as it hailed "another successful year."
The Manchester, England-based retail investment platform said customer numbers jumped 24% to 796,000 in the financial year ended September 30, from 644,000 a year prior.
Assets under management rose 18% to GBP127.6 billion from GBP108.2 billion. Notably, assets under management for its Investment business jumped 36% to GBP12.1 billion from GBP8.9 billion.
The firm said that the wind down of its remaining SIPP arrangement will complete in the current first quarter of financial year 2027 that started on October 1.
Chief Executive Officer Michael Summersgill said: "Platform growth was further supported by our Investments business, which delivered record net inflows of GBP1.9 billion, up 46% on the prior year, as our low-cost investment solutions continue to see strong demand from both advised and direct-to-customer [D2C] customers."
He added: "Our long-term growth opportunity remains significant, with the structural drivers supporting the platform market firmly in place. We look forward to announcing our annual results in December for what has been another successful year."
The company will publish annual results on December 3.
AJ Bell shares were up 1.4% at 594.50 pence each on Thursday morning in London.
By Tom Budszus, Alliance News slot editor
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