Brewin Dolphin Holdings unveils profits for 2012
Brewin Dolphin Holdings, one of Britain's largest investment and financial planning firms, reported a 36.5 per cent hike in profits in its annual report released Friday.
Brewin Dolphin Holdings, one of Britain's largest investment and financial planning firms, reported a 36.5 per cent hike in profits in its annual report released Friday.
The FTSE 250 company's profit before tax stood at £29.9m for the year end September 30th, up from £21.9m in the comparative period.
Total income increased 2.1% to £269.5m and total managed funds climbed 7.9% to £25.9bn.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Business was bolstered by company expansion with a new branch in Ipswich and additional teams in Birmingham, Jersey, Bristol, London, Newcastle and Dublin.
The firm said it was also helped by the fact the investment management market was a growing sector, competition was relatively fragmented and price competition was low.
However, it said regulation continued to set back businesses in the financial sector in the UK and overseas.
In particular, the company was working to ensure it was ready to meet the demands of the UK financial regulation's Retail Distribution Review which came into force this month.
"Our investment managers and financial planners have continued to provide an excellent service to our clients during another year that has seen much strategic and regulatory change," Group Managing Director, Henry Algeo, said.
"We as a group remain determined to continue to provide an outstanding bespoke investment management service for our clients."
Shares shot up 1.84% to 204.70p at 14:33.
RD
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Will “Liberation Day” strike again?
Donald Trump’s 90-day tariff pause comes to an end on 9 July. Can we expect further market turmoil?
-
Israel claims victory in the '12-day war' with Iran
Donald Trump may have announced a ceasefire in the 12-day war between Israel and Iran, but what comes next depends on what happens internally in Iran