Evelyn Partners generated £3.7bn of gross new assets in H1 2025, with AUM reaching an all-time high of £64.6bn.
The wealth management and professional services group said AUM closed the first half at a record high compared to £62bn in H1 2024 and £63.5bn in FY 2024.
H1 gross inflows of £3.7bn were 7 per cent higher year-on-year from £3.5bn.
H1 net flows of £692m were 62.1 per cent higher year-on-year from £427m.
Paul Geddes, chief executive, said: “Against a backdrop of global macroeconomic uncertainty and outbreaks of market volatility, we’ve had a good performance year to date in 2025 while also successfully completing the sales of our Professional Services and Fund Solutions businesses.
“The first six months of the year saw gross inflows of £3.7bn. Outflows, however, were also elevated reflecting the challenges faced by clients, including paying tax bills, reducing mortgages and gifting to reduce IHT liabilities; but we did see a reduction in outflows in Q2 compared to the prior quarter. As a proportion of AUM, Q2 outflows were lower than in both Q1 2025 and Q2 2024.
“Net flows in H1 2025 remained strongly positive at £692m, a 62.1 per cent increase on the same period last year (H1 2024: £427m) and we have maintained our track record of consistently delivering net inflows every quarter since the merger to create Evelyn Partners in 2020.”
