AJ Bell has reported a record year, with revenue up 18% to £317.8 million and profit before tax rising 22% to £137.8m, highlighting the strength of its scalable platform model.

Customer numbers jumped 19% to 644,000 and assets under administration hit £103.3 billion, driven by £7.5bn of net inflows and supportive markets, while its in-house investments arm grew AUM 31% to £8.9bn.

Shareholders are set to benefit from a 14% increase in the total dividend and a new share buyback of up to £50m.

The Manchester-based firm now plans to step up brand and product investment in FY26.