Davy Research

IFG Group (IFP.L, IFP LN)

  • 151.3
  • 105.4
  • 90.3

Company Profile

IFG is a small financial services company with its headquarters in Dublin. Following the disposal of its international trust services business in 2012 and its Irish pensions and insurance businesses in 2014/2015, it is now entirely focused on the UK high net worth market through its platform services provider James Hay and IFA Saunderson House. James Hay is one of the largest providers of SIPPs in the UK. Its flagship modular iPlan includes SIPP, ISA and GIA options. Saunderson House's focus on professional practices, primarily accountants and lawyers to date, through a fee-based model, has driven steady growth in clients, revenues and profits over the past ten years, helped by a consistently first quartile investment performance. IFG has a strong balance sheet, allowing it to invest in the business. Organic growth is the key focus but it will explore non-organic opportunities where it makes operational, financial and regulatory sense.


Major Shareholders%
John Gallagher 9.7
FIL Limited9.6
Kabouter Mgmt9.2
F&C Asset Management9.0
Bank of Montreal8.4
  • IFG GROUP

    Closing Price (p): 143.5

  • RATING 01/09/16

  • PREVIOUS RATING 28/03/14

    OUTPERFORM

Analyst(S)

COMPANY DATA

UPCOMING EVENTS

May 9 2018