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AWD reports earnings surge for 2010

Stephen Kavanagh

AWD Chase de Vere has reported a 425 per cent increase in earnings, from £1.02m to £5.36m, for 2010.

The UK arm of AWD Holding saw turnover increase 8.4 per cent to £39.6m for the year while there was a small increase in adviser numbers, from 191 to 199.

AWD Chase de Vere chief executive Stephen Kavanagh says: “The turnaround we have achieved in the past couple of years is little short of remarkable, but our job is far from finished and we are now in the process of positioning the company to meet the challenges of the retail distribution review and beyond. We are aiming to become the leading firm of IFAs in the UK.”

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