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

FCA launches consultation on private stock market

FCA launches consultation on private stock market

Move follows Mansion House commitment

Linus Uhlig
clock 17 December 2024 • 3 min read
Partner Insight: Is FOMO overruling investment basics?

Partner Insight: Is FOMO overruling investment basics?

In 2020 we introduced our bubbles chart showing how concentrated investors were in a particular theme. Four years on we look at what, if anything, has changed, and what it means for investors going forward.

Orbis Investments
clock 16 December 2024 • 3 min read
Special situations: How to spot a good management team

Special situations: How to spot a good management team

'We prefer management teams that are considered rather than overly promotional'

Henry Flockhart and Andy Gray
clock 10 December 2024 • 5 min read