Niccol said Brewin was exceeding the organic growth target it set itself, helped along by a favourable market and continued emphasis on the growth strategy.
“In particular we are capturing the near-term growth opportunities in intermediary business as a direct result of current growth initiatives which are delivering tangible results.
“Whilst continuing to invest in other initiatives aimed at driving further longer term growth.
“The strength of our business and confidence in our strategy helped us in the successful acquisition of Duncan Lawrie Asset Management Limited during the period, which has been financed by surplus capital reserves and cements our position as a market leading discretionary wealth manager.”
