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Hargreaves Lansdown enjoys its most profitable year

A changing mix of earnings is vital for Hargreaves Lansdown as the business goes through transition
September 19, 2023
  • Rising rates boost the bottom line
  • Personalised advice is key to future performance

Times seemingly couldn’t be better for Hargreaves Lansdown (HL.) as the funds and share dealing platform enjoyed its most profitable year ever on the back of rising interest rates. However, the results raised more questions than answers as the company grapples with changing its direction of travel under its new chief executive, Dan Olley, who took over formally just ahead of these results.

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