Tatton Asset Management was founded in 2007 and provides three services to smaller, UK-based Independent Financial Advisers: discretionary asset management; regulatory and compliance consulting and outsourcing; and mortgage and protection insurance aggregation.

14 Oct 2026

AUM/I +15% over H1, forecasts & valuation upgraded

Assets Under Management / Influence (AUM/I) rose 15% over H1 to a record £28.0bn at 30 September 2026, well ahead of the trajectory required to meet the medium term target of £30bn by end FY29. Investment performance added £2.4bn and net flows added £1.0bn.

Tatton Investment Management returned 8.8% versus 8.6% for the Morningstar PIMFA Private Investor Balanced Index, while the IFA base grew by 77 to 1,295. Management expect net flows of £200m to £250m per month in H2, in line with guidance.

Paradigm delivered a relatively strong performance in a weak housing market, with mortgage completions up 20% year on year to £10.0bn. Forecasts are upgraded, with FY27 revenue rising to £62.6m and adjusted operating profit to £33.9m.

Fair Value rises from 875p to 900p per share, more than 30% above the share price. A forward PER of 18x looks undemanding compared with peers, which supports our view that there is a gap between fundamental valuation and share price.

Download as a PDF file

Return to Tatton Asset Management

Register to be first

Get research on the companies that interest you straight to your inbox

Equity Development is a partner to successful companies looking to enhance their investor relations. Our top-rated analysts produce best in class investment research. Based in London, UK, we help our clients connect with investors via presentations and interviews.

Equity Development Limited 3rd Floor, 80 Cheapside, London, EC2V 6EE

Website design & development by Breckenridge