Chase de Vere, the Independent Financial Advisers with offices in Cardiff, has announced its best-ever performance in its Annual Report & Financial Statements for the year ending 31 December 2018.

The Company reported a profit of £10.62 million before tax in 2018 (£5.68 million in 2017), its fifth consecutive year of profitability. This is the first year in which profits have exceeded £10 million.

Company turnover increased from £57.38 million to £68.49 million and average fee income per adviser rose from £286,000 to £296,000.

Stephen Kavanagh, Chief Executive, Chase de Vere, said: