Wealth Management

Brooks Macdonald fails to stem outflows as clients withdraw £400m

But total assets hit £19.2bn as UK wealth manager strikes a string of M&A deals and enjoys positive performance

London-headquartered Brooks Macdonald has struck a slew of M&A deals and spun off other parts of its business as part of its growth plans
London-headquartered Brooks Macdonald has struck a slew of M&A deals and spun off other parts of its business as part of its growth plans Photo: Getty Images

Brooks Macdonald failed to curb net outflows in its most recent financial year, despite embarking on a recovery plan to turbocharge growth.

Clients withdrew another £396m from the London-headquartered wealth manager in the year ended 30 June 2025.

WSJ Logo
DOJ Opens Criminal Investigation Into Fed’s Cook, Issues SubpoenasExternal link

DOJ Opens Criminal Investigation Into Fed’s Cook, Issues Subpoenas