By Ben Turney | Wednesday 5 February 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
This morning I noted Hargreaves Lansdown’s ebullient interim report. The headlines are pretty impressive. These include record revenue (up 13% to £158.4m), record before tax profit (up 11% to £104.1m) and total assets under administration up to £43.4billion (up 43%). However, it was the growth in active client numbers, which really caught my attention. The company now has 584,000 of these, an increase of 77,000 since June 30th last year (another record number).
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