• Revenue up 11.9% to $276.4m
• Profit after tax up 26.4% to $30.7m
• Funds under advice up 7.5% to $85.8bn
• Dividend per share up 14.3% to 8.0 cents

Bell Financial Group had an impressive 2024 resulting in a 26.4% increase in profit to $30.7 million. Revenue and earnings in the Technology & Platforms and Products & Services businesses continued to grow, representing 31% of Group revenue and 70% of Group profit. The Retail and Institutional Broking business also benefited from improved market sentiment, with broking revenues up in the Retail, Institutional and Foreign Exchange divisions. The Equity Capital Markets division had another excellent year, executing 106 transactions and raising $2.3 billion in new capital. The company continued to focus on growing recurring revenue streams, which now represent 31% of Group revenue and 70% of Group profit. Bell Financial Group remains committed to a measured growth strategy, exploring both internal and external opportunities to expand its broking network and product and service offerings. The company is also investing in leading technologies and staff awareness programs to ensure legal and regulatory compliance and strengthen its security practices.

Bell Financial Group expects to continue its growth trajectory in 2025, with a strong start to the year in the Equity Capital Markets division and a healthy deal pipeline. The company is cautiously optimistic about the outlook for equities markets in 2025.

Key areas of focus for Bell Financial Group in 2025 include exploring external growth opportunities, improving the Portfolio Administration Services business, developing new distribution channels for products and services, and ongoing development of talent through the company's Graduate Program and Adviser Training Program.