Brewin Dolphin funds under management dip due to market uncertainty January 23, 2019 Brewin Dolphin saw funds fall 7.7 per cent to £39.5 per cent in the first quarter of the financial year driven by market uncertainty, the wealth manager announced today. In a trading update the firm said discretionary funds also fell 7.2 per cent from £37.6bn to £34.9bn due to lower market levels in the three [...]
Alliance Trust unit pays £14m for Brewin Dolphin platform May 14, 2015 Alliance Trust’s savings division yesterday bought smaller stockbroking platform rival Stocktrade from Brewin Dolphin for £14m. Alliance Trust Savings (ATS), which has £7.2bn in assets, will add Stocktrade’s 48,000 customers, boosting its customer base to 105,000. Assets will also rise to £11.5bn after the deal completes. The group said the acquisition would allow it to [...]
Brewin Dolphin shift to bespoke pays off after income rises January 29, 2014 WEALTH manager Brewin Dolphin yesterday said its turn towards one-to-one investment services for well-heeled clients had helped offset losses made after a regulatory ban on fund commissions. The company, which traces its roots back to 1762, saw core income from its discretionary, advisory and execution offerings rise by 15 per cent year on year for [...]
Brewin Dolphin adds to funds and lifts margin December 4, 2013 BREWIN Dolphin’s funds swelled in the last year while restructuring costs chipped away at profits, as the firm worked on its mission to become a more profitable wealth manager. The company, which sold its stockbroking arm two years ago to focus on funds, said its total managed funds rose 8.9 per cent to £28.2bn in [...]