Brewin Dolphin attracts record fund inflows
Brewin Dolphin reported record discretionary gross flows of £4bn as total funds increased by 19.5% to £56.9bn
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Brewin Dolphin reported record discretionary gross flows of £4bn as total funds increased by 19.5% to £56.9bn
It does believe it will carry on performing well due to the rising demand for financial advice that has been spurred by the pandemic and the transfer of wealth between generations.
Brewin Dolphin has said income from its financial planning business grew 25.7% to £41.6m from £33.1m.
Brewin Dolphin has joined the Net Zero Asset Managers initiative as it commits to becoming a net zero company by 2050.
Brewin Dolphin attracts record quarterly inflows of £1bn Total discretionary funds were up 11% at £45.7bn Brewin Dolphin posted record total discretionary flows of £1bn in the first three months of the year, as total funds under management reached £52.6bn. The wealth manager’s interim report for the half year ended on 31 March 2021 recorded total discretionary net flows of £600m with gross inflows of £1.6bn. Total discretionary funds were up 11% to £45.7bn from £41.2bn at the full year 2020 supported by positive net flows and discretionary investment performance of 9.5%. Total discr...