Rimbal has achieved 37% year-on-year revenue growth for FY 2023-2024 reaching approximately £19.4 million gross revenue from approximately £14.2 million the previous year.
The principal activity of Rimbal group is to build the technology and operating infrastructure that powers financial advice and to provide everything needed to run a financial advice business.
The business strategy of the Group is to enable financial advisers and financial advice firms to operate and thrive, and to empower a broader spectrum of people to achieve their financial goals.
The growth strategy of the Group is to support existing Appointed Representatives to grow and to attract new Appointed Representatives and IFAs to the Group.
During the period, the business also recruited over 80 new firms to its platform representing over £2 billion in additional assets under influence potential.
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