Reports
Profits And Revenue Rise At UK's Vestra
UK headquartered Vestra Wealth recorded an increase in revenue and pre-tax profit for the year ended April.
UK-headquartered Vestra Wealth recorded
an increase in revenue and pre-tax profit for the year ended
April, according to data filed with Companies House.
The six-year-old firm posted pre-tax profits up at £8.8 million
($14.1 million) from £6.7 million the year before. Meanwhile
revenue increased by 24 per cent to £29.2 million, up from £23.4
million.
Salaries were also up, rising 47 per cent year-on-year. The
highest yearly salary was £652,419 more than double the highest
salary of £260,266 that was paid last year.
In July last year the partners bought out the minority stake in
their business held by Goldman Sachs. Up to that point Goldmans
held a stake of around 11 per cent stake in Vestra Wealth.
