Berkeley Morgan Group has announced a 37% rise in pre-tax profits to £1.2m.
The OFEX traded financial services provider also announced a 13% rise in revenue to £16m for the financial year.
Chairman and managing director Jon Pardoe said: "We have met our three operational goals of increased turnover, increased margins, and decreased overheads. This has resulted in not only enlarged profits and a 7% reduction in administrative expenses.
"During the period we also established one new company, BM Agency Services ltd, and one new service BMXchange. We also acquired the businesses of Moneyhill and Medicus. Since the year end we have completed our biggest acquisition to date - Summit Financial Holdings plc," he added.
"We remain convinced that our two pronged strategy of combining the design and packaging of product with a multi disciplined distribution capability is the right way forward, and sets us apart from other companies within our sector.
"The group remains cash positive enabling us to continue a programme of organic and acquisitive growth. We now look forward to making continued progress in what I expect to be a very positive current financial year," he said.
