Boutique wealth management group Plan B reported an 11 per cent increase in funds under management, administration and advice (FUMA) for the September quarter.
New client fund inflows and market movement in the value of assets pushed FUMA to $1.95 billion at September 30.
According to Plan B managing director Denys Pearce, the rise in FUMA also reflected gains from the recent role out of the group's affinity partners program.
"There has been significant growth from the rolling out of the affinity partners program and we currently have a pipeline of IFA's we are talking to about joining it," Pearce said.
"However, we are being patient about finding the right firms with the right cultural fit to join us."
In August the group targeted New Zealand and the eastern seaboard states as prospective growth areas.
Plan B announced a $4.33 million net profit after tax for the year ended June 30, a rise of 3.8 per cent over the previous corresponding period and in line with its prospectus.
The group listed on the Australian Securities Exchange on July 12.
