Bell Financial Group anticipates to report a first-half profit before tax for 2024 of approximately $23.8 million, marking a 47% increase from the same period last year.

The higher profit includes improvements in the retail and wholesale broking segments, alongside continued contributions from the company's technology & platforms and products & services businesses.

"This guidance is not a prediction of future performance or a guarantee of future performance and it involves known and unknown risks, uncertainties and other factors which are beyond Bell Financial Group's control," cautioned co-CEO Arnie Selvarajah.