DFM, wealth manager and Chartered Financial Planner Brooks Macdonald has seen investment performance offset by net outflows, leaving funds under management down 1.9%, in its first quarter of their financial year.

DFM, wealth manager and Chartered Financial Planner Brooks Macdonald has promoted Edward Park to Chief Investment Officer from 1 October 2020.

DFM, wealth manager and Chartered Financial Planner Brooks Macdonald has reported an 11.1% increase in underlying profit before tax to £23m for its financial year ending 30 June 2020.

Former head of investment strategy at Brooks Macdonald and Moola founder Gemma Godfrey has joined Independent Wealth Planners as non-executive director overseeing investment management and consumer insight.