The firm has seen a 155% rise in discretionary clients over the course of the year, helping total assets rise to £1.2 billion.

James Hambro & Partners, which manages and advises private clients and charities, stated that AUM had jumped 74% in the last year alone as a result of soaring client numbers.

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Jamie Hambro, chairman of James Hambro & Partners, said: "It is our client focus, coupled with unique access to global asset allocation and stock picking that has led to our success. The regulatory changes and takeovers in the wealth management sector have created considerable uncertainty for clients; our stability of ownership and proven investment process will be of great benefit to our clients in the future."

James Hambro & Partners merged with the high net worth financial planning firm Calkin Pattinson & Company in October 2012, combining financial planning with discretionary management. The combined businesses have added over 100 clients in the last quarter alone.

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