Ravenscroft has grown its assets under administration to £4.44bn – an increase of 55 per cent in 12 months.
Its latest annual report shows that the company, which has offices in Guernsey and Jersey and launched into UK last summer, has increased group revenue by 15 per cent to £20m, with recurring revenues up 50 per cent from £7.61m in 2016 to £11.45m in 2017.
Gross profit increased by 14 per cent to £17.21m and the board has declared a dividend of 12p per share, making an annual dividend of 17p per share.
Stephen Lansdown, who was appointed as Chairman in September, welcomed the results but said the financial services sector continued to face an ever-increasing regulatory burden.
He commented: "There has been significant investment in our team throughout the year, with staff numbers increasing by 28 per cent to more than 90, and as a result profit before tax was down slightly from £4.15m to £4.05m."
As well as launching a treasury service and onshore versions of two of its Huntress funds, the year also saw Ravenscroft backing a management buy-out of D2 Real Estate, acquiring a 50 per cent stake in the company to strengthen its property proposition.
It also acquired Guernsey Mint Refined, which trades as BullionRock, to enable it to offer precious metals as an alternative asset class.
The financial year ended with Ravenscroft being appointed as investment manager to the Guernsey Investment Fund, which is backed by the States of Guernsey and private investors.
The firm has recently announced that as part of a restructure, a new listed parent company – Ravenscroft Holdings – has been established and has acquired the entire share capital of Ravenscroft.