Brooks Macdonald profits rise 11.1% as more acquisitions planned

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.

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Fintech entrepreneur joins IWP to chair investment management

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.

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Brooks Macdonald FUM up 12% as net outflows fall

Total group funds under management at Brooks Macdonald increased £1.5bn to £13.7bn for the quarter ending 30 June, with net outflows for the quarter reducing to £0.1bn.

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Brooks Macdonald buys wealth business for £9.6m

Wealth manager and Chartered Financial Planner Brooks Macdonald has bought the Channel Islands wealth management and funds business of Lloyds Bank International for £9.63m.

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