View more on these topics

Jelf makes pre-tax profit of £800,000

Jelf made a pre-tax profit of £800,000 in the six months up to March 31, 2011, an increase of £2m after making a loss of £1.2m in the six months up to 31 March 2010.

The independent consultancy firm’s financial planning revenues dropped by 11 per cent in the same period, falling from £4.4m to £3.9m.

The firm says revenues increased from £34.9m to £35m and funds under advice rose to £500m from £446m.

Jelf non-executive chairman Les Owen says: “The business has performed well in the first half of the year, both in terms of improving underlying profitability and maintaining a strong balance sheet. We remain on course to deliver another good set of results in 2011.”


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm