Tatton Asset Management AIM:TAM
- Founded
- 2007 · Wilmslow, England
- Incorporated
- United Kingdom
- Chief executive
- Paul Hogarth
- Employees
- 120
- Reports in
- GBP
- Companies House
- 10634323
Provider of on-platform discretionary model portfolio services to UK financial advisers, one of the fastest-growing MPS managers with assets under management in the tens of billions, alongside the Paradigm mortgage and consulting services business. Low-cost investment management distributed exclusively through IFAs.
Read straight from the annual reports
626p at close on 2 Oct 2026 · 10 reported years, 2017–2026
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GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
10 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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Discretionary fund management (DFM) fees on AUM at ~15bps annual management charge
Tatton revenue increased 22.0% to £47.6m; AMC industry norm cited at c.15bps
page 9IFA firm growth and net inflows
Tatton firm numbers grew 9.7% to 1,218; underlying organic net inflows of £2.806bn
page 21Operating leverage on revenue growth exceeding cost growth
Adjusted operating profit margin improved to 52.3% (FY25: 50.6%); 'benefit of operating leverage as revenues have scaled and cost discipline has been maintained'
page 32Personnel costs growth
Personnel costs remain most significant cost component (>60% of underlying admin expenses), increased 12% YoY on salary increases and headcount growth (avg headcount 120 vs 113)
page 33The Board remains confident in the Group's ability to reach or exceed £30bn AUM/I by March 2029, supported by strong momentum; at end March 2026 AUM/I stood at £24.2bn
page 6There have been no post balance sheet events (confirmed in both Directors' Report and Notes 28/21 to consolidated and company financial statements)
page 80Progressive dividend policy targeting c.70% of adjusted diluted EPS; final dividend proposed 15.0p per share (FY25: 9.5p), full year dividend 27.0p (FY25: 19.0p), up 42.1%; final dividend payable 5 August 2026 to shareholders on register 26 June 2026
page 34Directors adopted going concern basis after reviewing detailed forecasts, stress tests (including repeat of COVID-19-type market shocks) and cash/liquidity position (£33.9m cash, £20.4m regulatory capital resources vs £5.44m requirement); unqualified audit opinion from Deloitte LLP with key audit matter being valuation of the BAM Global Limited joint venture investment
page 80- Counterparty credit risk - unintended market exposure and liquidity impact from counterparty default on financial obligationp.26
- Liquidity risk - inability to meet financial liabilities as they become duep.26
- Bank default - risk that one of the Group's relationship banks could defaultp.26
- Concentration risk - over-reliance on one business activity or geography leading to financial under-performancep.26
Read from C001266-AR-2026-ch.
10 annual reports read, FY2018 to FY2026
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (9), Company website (1)
FY2027Next report expected 21 Jun 2027