Frenkel Topping ( (GB:FEN) ) has shared an update.
Frenkel Topping Group reported a successful financial year ending December 2024, with a 14% increase in revenue to £37.4 million and a record growth in funds under management, reaching £1,560 million. The company also achieved a significant milestone with its discretionary fund management crossing the £1 billion mark. Despite challenges in its costs segment, the acquisition of Northwest Law Services has exceeded expectations, contributing positively to revenue and profitability. The Group continues to focus on strategic acquisitions and investments in people and technology to capitalize on growth opportunities, while also embedding Consumer Duty principles to enhance client outcomes.
More about Frenkel Topping
Frenkel Topping Group is a specialist professional and financial services firm that operates in the Personal Injury (PI) and Clinical Negligence (CN) sectors. The company provides financial advice and asset protection services, focusing on clients at times of financial vulnerability. Its services include investment management, expert witness, costs, tax and forensic accountancy, and care and case management. The Group’s discretionary fund manager, Ascencia, manages portfolios for clients, including Sharia-law-compliant and ESG portfolios.
YTD Price Performance: -18.82%
Average Trading Volume: 76,911
Technical Sentiment Signal: Buy
Current Market Cap: £40.8M
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