Curtis Banks 'proactively exploring' possible acquisitions

£24.8bn AUM

Hannah Godfrey
clock • 2 min read

SIPP and small self-administered scheme (SSAS) provider Curtis Banks has said it is "proactively exploring" possible acquisitions with a view to adding scale to the business.

In its results published this morning (20 March), group chief executive Will Self said Curtis Banks was "committed to exploring further opportunities to add scale" to the business, and that it was "proactively" exploring possible acquisitions. Last year saw Curtis Bank acquire Hargreave Hale's SIPP book, which brought 578 SIPPs to the firm, invested in assets valued at around £180m. This morning the firm also revealed its profit before tax had increased by 72% to £10.1m. The 2018 calendar year also saw the firm increase assets under administration (AUA) by 0.4% to £24.8bn, while the n...

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