Brewin Dolphin profits up 10.7% in year of 'disciplined implementation'

Full-year results

Jayna Rana
clock • 3 min read

Brewin Dolphin has reported strong growth and an increase in total funds and profits in the 12 months to 30 September, during which it put into action a number of initiatives announced in the previous year.

In its annual results release this morning (28 November), the group revealed its total funds had increased by 6.7% to £42.8bn during the period, while its discretionary funds were up by 11.2% to £37.6bn. Net discretionary fund inflows matched the amount in the previous year, at £2.3bn, though the annualised growth rate was slightly down from 2017 at 6.8% (compared to 8%). The group said this leaves it on track to achieve the plan it announced in 2015 to increase discretionary funds by one third from net new funds alone by 2020. Brewin Dolphin halfway through cost-saving segregated ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Investors take group action against RL360 over collapsed funds

Investors take group action against RL360 over collapsed funds

Claim brought to Isle of Man to seek compensation for losses

Isabel Baxter
clock 27 March 2025 • 2 min read
Watch Professional Adviser's Working Lunch on Baillie Gifford's Scottish Mortgage trust - A World of Opportunities

Watch Professional Adviser's Working Lunch on Baillie Gifford's Scottish Mortgage trust - A World of Opportunities

Catch up on the discussion

Professional Adviser
clock 25 March 2025 • 1 min read
Other investing strategies are available: Performance chasing has served well despite risks

Other investing strategies are available: Performance chasing has served well despite risks

'Perhaps not surprisingly in such momentum-driven markets, performance chasing came out top'

Laith Khalaf
clock 24 March 2025 • 4 min read