Brewin Dolphin rakes in record £1bn discretionary inflows
Priority now is to complete final rollout of new custody and settlement system
Priority now is to complete final rollout of new custody and settlement system
But revamped platform and DFM business deliver strong performances
Propelled by strong client acquisition
Wealth manager reports record gross flows of £4bn
CEO David Esfandi says having backing of private equity house HPS Investment Partners allows firm to build on growth
More than a 50% increase in ETF AUM over H1 2021 to $13bn
Comes a week after firm reported 71% jump in AUM for the year to end of March
Final dividend totalling £400,000 as post-tax profit for the year ended September 30, 2020, hit £1.9m
But maintains its £23.5m dividend
Platform provider also posts a 21% increase in revenue for the six months to end of March
It was the third top selling fund group in Q1 with £924m of net retail sales
SJP attracts £2.9bn of net inflows, while Schroders buoyed by funds business