Bristol savings and investment platform Hargreaves Lansdown has reached two million active clients. The milestone comes eight years after HL celebrated its first one million clients, in 2017.
The company's assets under administration have also climbed to a record £172.7bn - up 11% over the year, driven by 43% increase in net new business.
Growth at HL has been driven by investment in products and services, including improved digital journeys and its digital venture capital trust offering, the business said.
Richard Flint, interim chief executive, said reaching two million clients was "a fantastic milestone" for the business.
"Our business has really solid foundations in terms of the range of investments that we offer and the trust that our clients have in us," he said.
"However, we recognise the need to continually invest in our technology and products, and we are committed to doing that. Importantly, we’re seeing that where changes are made, they deliver results – in everything from improved client experience to attracting and retaining more clients and assets to the platform.
"As the Ƶ’s largest retail investment platform with the broadest range of saving and investment options, for beginners through to those more experienced, we’re excited by the huge opportunity ahead as we create a nation of retail investors for the future.”
The announcement comes less than two weeks after HL announced plans to relocate from its Bristol headquarters after more than 40 years.
The company, which is currently based at One College Square South on Anchor Road, is moving its 2,000-strong workforce to the Welcome Building, off Avon Street, near to Temple Meads station.
HL was founded by Peter Hargreaves and Stephen Lansdown in 1981 and the business agreed to a £5.4bn private equity takeover last year. Mr Lansdown rejoined the board in a non-executive director capacity earlier in 2025.
