The result follows the announcement of the company’s merger with US-based Northern Lights Capital Group earlier this month.
Treasury Group chief executive Andrew McGill said the 26 per cent increase in net profit after tax was “another pleasing result for the company” and was mainly due to funds under management and earnings growth, achieved from its boutqiue partners including RARE Infrastructure and Investors Mutual.
Total funds under management for the group increased $8.3 billion or 49 per cent from $17.1 billion for the 2013 financial year.
Treasury Group said the acquisition of ROC Partners in May 2014 contributed $5.3 billion in funds under management.
Treasury Group chair Mike Fitzpatrick said the company is confident that business momentum will continue into 2015.
“We are excited to be stepping into the next phase of growth for the company and the opportunity to create an international multi-boutique asset management group via the proposed merger with Northern Lights Capital Group,” said Mr Fitzpatrick.
