Board changes at Brewins as Matheson steps down
Jamie Matheson has stepped down as executive chairman of Brewin Dolphin, with David Nicol promoted to chief executive officer.
Jamie Matheson has stepped down as executive chairman of Brewin Dolphin, with David Nicol promoted to chief executive officer.
Industry experts reacted with horror to S&P Capital IQ claims that European high yield bond default rates could reach 32% in 2013, a figure which is estimated to be around twice the highest default rate on record.
Kris Barclay, former associate director at Brewin Dolphin, has been appointed to the investment team at Edinburgh-based Charlotte Square.
Investment management is separate to financial planning – as it should be – but as clients' needs change so the two disciplines are being tied closer together.
Brewin Dolphin’s advisory arm reported £100m of net outflows in the final three months of 2012 as the firm moved over to its new RDR-compliant pricing model.
Brewin Dolphin reported increased funds under management and profits for the year to 30 September, it revealed in its preliminary results today.
Brewin Dolphin has expanded its presence in north-east England with hires from two of its peers, UBS Wealth Management and Quilter.
Brewin Dolphin saw outflows of £1.2bn in the nine months to 30 June, half of which it put down to the group’s change to a “transparent fee-based charging basis”.
JM Finn & Co has nabbed four former Brewin Dolphin employees, who will join as senior investment managers and be based in London.
Brewin Dolphin has appointed a new head for its Exeter Office, Tim Walker, as the former head Richard Pike steps back to concentrate on his work for the groups charity team.
Brewin Dolphin saw commission income drop by almost a quarter in the three months to 31 December, even as funds under management increased by 3.8% to £24.9bn.
Brewin Dolphin has reported a 27% fall in pre-tax profit for the year, after it was struck with an FSCS levy that was “dramatically higher” than in 2010.