Andrew Shepherd to retire as Brooks Macdonald group CEO
CFO Andrea Montague will become group CEO from October this year, subject to regulatory approval
Andrew Shepherd
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Brooks Macdonald AUM increases despite outflows in Q3 results
Gross outflows remained ‘elevated’ due to challenging macroeconomic backdrop
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Pre-tax profit increases by 18% for Brooks Macdonald in half-year results
However, International arm of the business is undergoing strategic review
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Brooks Macdonald International CEO Richard Hughes exits
Mark O’Connor becomes managing director for Channel Islands and Isle of Man
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55 people to lose jobs at Brooks Macdonald
Cuts will save the firm an annualised £4m
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Brooks Macdonald profits dip 12.2% despite £1.3bn MPS inflow
Underlying profits dropped to £30.3m from £34.5m for the year to 30 June