Evelyn Partners reports 'all-time-high' AUM of £63bn

CEO Geddes flags Budget impact on ‘strong’ Q4

Jen Frost
clock • 2 min read

Evelyn Partners reported a “record high” AUM of £63bn last year up from £59.1bn in 2023, according to a Q4 2024 trading update shared this morning (12 February).

The business also reported record gross inflows for the year, at £8bn (2023: £7.8bn). Q4 saw gross inflows of £2.6bn, up 23.8% on the £2.1bn reported the same period the prior year. The quarterly gross inflows for Q4 represented a 36.8% jump on Q3 2024's figures. Net inflows more than halved for the full year, at £1.3bn in 2024 compared to £3.1bn in 2023. Q4's net inflows were £600m, down on Q4 2023's £700m. Evelyn Partners CEO Paul Geddes pointed to Labour chancellor Rachel Reeves' inaugural Autumn Budget as having had a "significant" impact on the business, with "very high levels of...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Keith Richards: Why personalisation is the key to cracking vulnerability

Keith Richards: Why personalisation is the key to cracking vulnerability

Consumer Duty Alliance CEO joins PA to shed light on the FCA’s vulnerable customer findings

Professional Adviser
clock 14 March 2025 • 1 min read
All the advice firm acquisitions that have taken place in 2025

All the advice firm acquisitions that have taken place in 2025

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 14 March 2025 • 1 min read
The emoji challenge: Navigating digital communication risks for IFAs

The emoji challenge: Navigating digital communication risks for IFAs

Why emojis are a double-edged sword

Harriet Christie
clock 10 March 2025 • 5 min read