Knight Frank’s top earner took home more than £2m last year as the firm achieved record profits.
Results filed at Companies House show the partnership generated total profit of £162m, of which £127.4m was available for discretionary division among its 442 members – equivalent to more than £288,000 per member.
Group chairman and senior partner Alistair Elliott said: “We are still very focused on investing in people and expanding the business while maintaining a careful eye on margins.”
The UK business accounted for £153.1m of group profit, on turnover of £286.7m. The global business booked £6.9m of profit on £156.4m turnover.
Elliott said the firm was on track for “another impressive year of growth” for its financial year to the end of March 2016, though he cautioned on the effect of planned stamp duty changes, which will come into effect later this year, on the group’s residential advisory business.
However, he said corporate occupiers were investing in their businesses, which would support occupational markets, while a “huge weight of capital” was still chasing property, supporting confidence for the commercial business this year.
