Marc Wilkinson, regional director for Scotland and Northern England
Brewin Dolphin has announced its interim financial results for the half-year ending 31 March 2018, highlighting another strong period of organic fund inflows and further progress towards achieving its strategic plan.
Total funds stood at £39.7bn at 31 March 2018 with strong net funds flows of £0.9bn offset by lower investment returns. While the company does not break out its Scottish-only numbers, the funds were also up in Scotland.
Brewin Dolphin’s headcount in Scotland also grew to 209 in Edinburgh, 38 in Glasgow, 23 in Aberdeen, and 13 in Dundee.
Marc Wilkinson, regional director for Scotland and Northern England, said: “It has been a very positive story for Scotland – Glasgow has grown particularly well and Edinburgh has been among our top-performing offices in the past six months. It’s testament to the strength of our presence and service offering in Scotland that we have two of our best-performing operations across the UK group.
“Our intermediary business has been particularly robust – led by Glasgow – and we’ve seen notable progress in our advice-led integrated services. We’re attracting a diverse set of clients with different interests, ranging from entrepreneurs to wealthy families, whom are looking to safeguard their wealth through informed financial planning.”
David Nicol, chief executive, said: “I am pleased to report a robust first half of our financial year with strong net discretionary inflows, despite challenges in the wider market. We continue to deliver against our strategy and build on the positive momentum across the business. We remain positive in our outlook and confident in the strength and increasing relevance of our advice-led service.”
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