The group was unable to swing to a profit in its latest set of final results, reporting a loss before tax of £0.8m, a slight decrease from the £1m loss it recorded in 2015.
Had the firm not been still indebted over the period, Morton thinks it is likely the firm would have returned to profit.
“I hope everybody will feel they are seeing more tangible rewards to the effort that is going in, rather than us constantly reporting losses as we have today,” he continued.
“Psychologically, it makes a big difference.”
In its results for the 12 months to 31 December 2016, the group boosted its assets under management by 25% to £1.5bn.
This figure was inflated by several significant acquisitions completed during the year, notably the CIMCO Partners Management, which manages the G20 Absolute Return Fund, and most recently, a book of business from Towry Asset Management, expected to bring in £80-£100m.
EBIDTA was also positive this time around at £346k compared with a loss of £68k the year before.
Revenue streams across the group were more encouraging as well, with financial planning recurring revenue increasing to 79% from 72% in 2015 and group recurring revenue standing at £5.3m from £4.8m a year ago.
Morton believes the business is “in a good place to cope” with Brexit volatility.
“We have a very close watching brief on it. Fortunately, for once we’re not the size of the giants and having to plan five years out.
“The only certainty is what people think it is going to be today, it probably won’t be.”