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

PA Working Lunch: Orbis on risk and return from the bottom up

PA Working Lunch: Orbis on risk and return from the bottom up

Join PA and Orbis on Wednesday for an informative online session

Professional Adviser
clock 20 January 2025 • 1 min read
Quilter's WealthSelect rebalances in response to bond market

Quilter's WealthSelect rebalances in response to bond market

Following recent government bond market performance

Isabel Baxter
clock 17 January 2025 • 1 min read
PA Awards 2025: Multi-asset shortlists revealed

PA Awards 2025: Multi-asset shortlists revealed

The industry’s best in balanced, high yield, adventurous and cautious funds

Professional Adviser
clock 15 January 2025 • 2 min read