Last year’s profit is also 25% more than the previous record pre-tax profits of £1.4m achieved in 2007 before the credit crunch.
Mortgage applications dealt with by the network rose more than 30% while MAB advisers also made record sales of protection and general insurance.
Peter Brodnicki, MAB's CEO, said: "We are delighted with our 2011 results, especially considering that we have invested more heavily than ever in our appointed representative proposition which has been attracting some very high quality firms.
“The sharp increase in sales and profitability of the last few years is set to continue with 2012 expected to be another very strong year."
