Tatton Asset Management (TAM) Trading Update summary

Financial performance and growth

• Net inflows of £1.7bn and investment performance of £2.1bn drove AUM to £25.8bn, up 36.9% annualised.

• Revenue and profits grew in line with board expectations, supported by strong organic inflows.

• Organic net inflows averaged £281m per month, representing 16.1% of opening AUM annualised.

Client and partnership developments

• Number of supporting IFAs increased by 5.4% to 1,170 during the period.

• Perspective Financial Group contributed £333m in net inflows, with AUM rising to £3.5bn; partnership ends January 2026.

Paradigm business update

• Paradigm Mortgages completed £8.3bn in mortgages, up from £7.5bn in the previous period.

• Mortgage member firms rose to 1,960 and consulting member firms to 426.

• Mortgage completions were mainly lower margin product transfers, reflecting market trends.