Assets under influence grew 23% (year-on-year) to £2.23bn for national financial advice firm Continuum in the second quarter of the year.
An influx of new clients resulted in a 26% rise (year-on-year) in ongoing recurring income for the financial advice firm.
Additionally, the firm’s annualised turnover projection increased by 19% year-on-year, reflecting the ongoing growth and the strength of the business performance in the first half of this year.
Adviser numbers for the partnership also rose 14% (year-on-year), with the firm having 75 advisers across the UK as of 30 June.
The in house My Continuum Select Model Portfolios also continued to grow as strong performance delivered increased inflows. Overall written levels rose to £346.16m, a 24% increase year-on-year.
Martin Brown, Managing Partner at Continuum, said: “It is great to see strong levels of growth across the business as we continue to drive to become the most trusted brand for advice in UK financial services.
“Over the past year we have seen a record number of advisers looking to join our partnership and we were pleased to welcome three new faces to the advice team in the second quarter. We continue to see high-quality advisers looking for a home within which to grow their business and support their clients. We expect adviser numbers to continue to grow throughout the year.
“As more people turn to us to help them navigate their finances, and more high-quality advisers continue to join our partnership, we are on target to achieve our ambitious growth plans and to become a true household name in the foreseeable future.”
Continuum continues to see strong returns from its marketing efforts.
The adviser’s digital marketing efforts in particular flourished this quarter. Direct enquiries through digital activity grew 73% year on year, with a 46% increase in income generated via digital activity.
This digital activity was supported by 172 5-star reviews on Google from satisfied clients.
Editors Notes – About Continuum
Continuum, headquartered in Plymouth, was established in 2014 by founding partner, Martin Brown, as a National IFA brand to offer a modern, new financial advice experience.
The business focuses on creating a three-way partnership between Continuum, the adviser and the client, in an environment where each party can only succeed and grow if the other parties also succeed and grow.
By educating customers through an award-winning financial education programme and offering our clients a loyalty programme, Continuum develops long-term relationships strongly endorsed though market leading Net Promoter Scores – most recent customer survey in February 2024 delivered a score of +91.
An in-house discretionary model portfolio service, My Continuum Wealth, was initiated in July 2021 to offer an exclusive MPS (Model Portfolio Service) to Continuum advisers.
Continuum now holds assets under influence in excess of £2.2 billion.
In December 2020 Continuum was awarded ESG kitemark (ESGmark) accreditation in recognition of its business approach of Environmental, Social Responsibility and Governance matters.
Continuum is a trading name of Continuum (Financial Services) LLP which is authorised and regulated by the Financial Conduct Authority. Continuum (Financial Services) LLP is a Limited Liability Partnership
