**AJ Bell PLC Year-End Trading Update Summary (FY 2025):**
AJ Bell PLC, a leading UK investment platform, reported strong growth for the financial year ended 30 September 2025, highlighting record performance across key metrics.
**Key Highlights**
* **Customer Growth** Total customers increased by 19% to 644,000, driven by a 25% surge in Direct-to-Consumer (D2C) customers to 462,000 and a 6% rise in Advised customers to 182,000.
* **Assets Under Administration (AUA)** AUA reached a record £103.3 billion, up 19% year-on-year, surpassing the £100 billion milestone.
* **Inflows** Underlying gross inflows grew 21% to £15.8 billion, while net inflows increased 16% to £7.1 billion, both significantly higher than the previous year.
* **Investment Solutions** AJ Bell Investments saw net inflows of £1.3 billion, with Assets Under Management (AUM) reaching £8.9 billion, a 31% increase.
* **Non-Platform Business** The sale of the Platinum SIPP and SSAS business is expected to complete in November 2025.
**CEO Commentary**
Michael Summersgill, CEO, attributed the success to the companys dual-channel model, scalable business model, and market-leading customer service. He highlighted the D2C platforms strong momentum and the Advised platforms robust growth despite increased outflows due to pension lump sum withdrawals and adviser consolidation.
Summarizing, Summersgill expressed confidence in AJ Bells position to capitalize on the significant market opportunity, driven by its dual-channel strategy and ongoing investments in brand and propositions.
**Looking Ahead**
AJ Bell expects to announce its full-year results on 4 December 2025. Despite government policy uncertainty surrounding pension taxation, the company remains optimistic about its growth prospects, citing strong structural drivers in the platform market.