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Ravenscroft reports increase in AUA and revenue

Company purchased WH Ireland's IoM business

An investment services company says its revenue, and its assets under administration, has increased in the last year.  

Ravenscroft, which has an office on the Island, has described 2020 as a ‘truly humbling experience’. 

The company has also acquired purchased WH Ireland’s business in the Isle of Man which saw employee numbers rise from 107 to 123.  

Chairman Stephen Lansdown, who is retiring from the board, said: "I am extremely proud of what our team has managed to achieve.

"To grow AUA, revenue, client numbers, jurisdictional footprint and employees in what was a year like no other is nothing short of phenomenal."

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