Brewin Dolphin bins investment service for sub-£50k clients

The discretionary fund manager launched a review of these clients' suitability for bespoke services in July.  Brewin Dolphin head of investment management Stephen Ford said affected clients are being informed of the decision. He said: "Over the past decade it has become clear that our clients prefer to delegate the day to day management of their investments to Brewin Dolphin and we believe that by doing so, the vast majority of clients have the potential to achieve better outcomes. "We are now reacting to this change in client needs by re-focussing our proposition and resources aro...