Gerald Eve has reported turnover of £64.7m and pretax profit of £18.3m in its financial results update for the year ending 5 April 2018.
Annual turnover increased by £2.7m on the previous year, with profit before tax up by £2.6m.
The company attributed the growth to investment in new service lines and ongoing expansion of asset management and transactional capabilities across a range of disciplines.
Simon Prichard, senior partner at Gerald Eve, said: “We are very aware that clients enjoy a wide choice of advisers, and we will continue to strive to offer a point of difference in a competitive marketplace.”
He added that the company’s partner-led approach will continue to benefit the business and its clients, despite unpredictable trading conditions in 2019.
Prichard said the company will continue to invest in talent, with Gerald Eve’s headcount topping 500 for the first time this year and further growth planned “as opportunities arise”.
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