Commission turnover increased year-on-year from CZK 92 million to CZK 113.46 million (+23%), driven by growth across all key areas—investments, mortgages, and insurance.

Last year was marked by major leaps for us. The volume of assets under administration (AUA) grew by 43% to a total of CZK 5.2 billion. That represents CZK 1.56 billion in new client trust.

By the end of next year, we aim to approach CZK 9 billion in AUA—an increase of 50%. The growth of recent years, as well as our future expectations, is the result of high-quality investment education, which I elaborate on further below—Investment Academy, workshops, and the Investment Club at Stone & belter.

The volume of mortgage and consumer lending rose to CZK 2.61 billion (+45%). Colleagues specializing in mortgages recorded growth similar to the overall mortgage market. This was driven by increased client demand as well as long-term cooperation with several major developers.

Behind every number, I see the precise work of our colleagues—financial advisors—whose hands are freed up for clients thanks to our support system (education, knowledge sharing, back office).

In life and non-life insurance, we continue to see moderate growth. In these areas, it’s evident that we focus more on servicing long-term clients rather than chasing new contracts. Existing policies are updated more often than being cancelled and replaced at all costs.

I’ll share more about what drives growth across all these areas in another article in a few months. In our new podcast, you can learn how the faces of our company view financial advisory.