Continuum assets under influence climb 17% to £2.75bn

National IFA Continuum, owned by M&G, saw a 17% increase in assets under influence year-on-year to more than £2.75bn in the last quarter.

The Plymouth-based firm said the growth in assets was driven by new and existing clients.

It said income from new business was up 15% year-on-year to pass £3.97m, with a marketing and social media campaign seeing new website visitors rise by 43% and LinkedIn followers increase 35%.

The partnership said it saw 19% growth in its annualised turnover projection to £19.23m. Average adviser 12-month rolling productivity also rose 13% year-on-year to £232,709, it said.

The adviser’s in-house My Continuum Select Model Portfolios continued to see strong growth, with written levels rising 16% (year-on-year) to pass £421m.

Martin Brown, managing partner at Continuum, said: “Since Continuum was first established in 2014 we have seen over 40 quarters of continuous growth in assets and client numbers, and this shows no sign of slowing down.”

He said the firm continues to expand both proposition and footprint. with the launch of its Workplace solution during the quarter.

He said: “We also continue to see record numbers of high-quality advisers looking to join our partnership as we continue to push forward with our goal to become a household name for trusted financial advice.”

He added: “There has never been a stronger need for quality financial advice and those firms with the best ongoing service will only continue to grow.”

Continuum was set up in 2014 by founding partner Martin Brown as a national IFA. It is part-owned by M&G which bought a 49% stake in 2022 with the intention of fully acquiring the business over time.