Financial and corporate adviser reports profits of £5.8 million

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CEO Stephen Kavanagh

Chase de Vere have announced increased profitability, revenue and adviser productivity in its Annual Report & Accounts for the calendar year ending December 31st 2016.

The Company reported a profit of £5.8 million before tax in 2016, an increase of 6.9% on the previous year (£5.4 million in 2015).

Fee income revenue increased from £50.1 million to £51.8 million and average fee income per adviser rose from £216,000 to £245,000.

Chief Executive Stephen Kavanagh said: “Our 2016 performance represents another year of positive progress for Chase de Vere.

“While many other larger advice firms have chosen to give restricted advice, we remain committed to providing independent advice, which puts our clients’ interests at the forefront of everything we do.”

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