Brooks Macdonald, founded in 1991, is a UK-based investment management firm overseeing over £18 billion in client assets.
If you are looking to invest as an expat or high-net-worth individual, which is what I specialize in, you can email me ([email protected]) or WhatsApp (+44-7393-450-837).
Brooks Macdonald operates through two primary channels: outsourced investment management for financial advisers and integrated wealth management for private clients.
Who are Brooks Macdonald?
Brooks Macdonald Group plc is a UK-based investment management firm offering a range of services to private clients, pension funds, institutions, charities, and trusts. The company’s services include bespoke portfolio management, financial advisory, and fund management.
In August 2024, Brooks Macdonald sold its international business to Canaccord Genuity Wealth Management for up to £51 million, with the company citing that the move will allow them to focus on its UK-based investment management and financial planning operations.
Brooks Macdonald is listed on the London Stock Exchange under the ticker symbol BRK.
What does Brooks Macdonald do?
Brooks Macdonald offers a range of services tailored to individual financial needs:
- Pension and Retirement Planning: Developing strategies to help clients achieve their desired retirement lifestyle.
- Financial Advice and Planning: Crafting personalized plans to address goals such as financial security and succession planning.
- Wealth Management: Creating investment portfolios aimed at increasing wealth over time.
- Estate Planning: Assisting clients in structuring their estates to benefit future generations.
- Life-Changing Events: Providing guidance during significant events like receiving an inheritance, divorce, or business sale.
- Insurance Protection: Formulating plans to safeguard clients against unforeseen circumstances.
Brooks Macdonald Financial Performance
Brooks Macdonald’s Annual Report and Accounts for the year ended 30 June 2024 highlights several key financial and strategic developments:
The Group reported funds under management (FUM) of £18.0 billion, up from £16.8 billion in the previous year. Revenue increased to £128.3 million from £123.8 million, and underlying profit before tax rose to £34.1 million, a 12.5% increase from £30.3 million in FY23.
The underlying profit margin before tax improved to 26.6% from 24.5%. Underlying basic earnings per share grew to 163.8p from 153.8p. The total dividend per share was raised to 78.0p, marking the nineteenth consecutive annual increase.
Brooks Macdonald Executive Team
- Andrea Montague, Chief Executive Officer: Appointed CEO in October 2024, Andrea joined Brooks Macdonald as Chief Financial Officer in August 2023. She has held senior roles across the UK long-term savings and asset management sector, including Group Chief Risk Officer at Aviva and Deputy Group CFO at Royal London.
- Simon Broomfield, General Counsel and Chief People Officer: Simon joined the firm in 2008. As General Counsel, he advises on legal matters across all jurisdictions. As Chief People Officer, he oversees human resources, focusing on talent recruitment and development.
- Edward Park, Chief Investment Officer: Edward leads the firm’s investment strategy and portfolio management. He has extensive experience in investment management, contributing to the firm’s growth and client service excellence.
- Alick Mackay, Strategy & Corporate Development Director: Since joining in 2017, Alick has directed the firm’s strategy and corporate development, including mergers and acquisitions. His background includes roles at Royal Bank of Scotland and ABN AMRO.
- Greg Mullins, Head of Adviser Solutions: Greg leads the outsourced investment management offering for independent financial advisers, bringing over 35 years of experience in the adviser market.
Brooks Macdonald Offices and Contact Information
- London: 21 Lombard Street, London, EC3V 9AH || 020 7499 6424
- Birmingham: Somerset House, 37 Temple St, Birmingham, B2 5DP || 0121 387 0780
- East Anglia: Suite 2, Beacon House, 4 Kempson Way, Bury St. Edmunds, IP32 7AR || 01284 339 421
- Exeter: Broadwalk House, Southernhay West, Exeter, EX1 1TS || 01392 715900
- Guernsey: Block C, Hirzel Court, St Peter Port, Guernsey, GY1 2NN || +44 1481 815 555
- Isle of Man: Exchange House, 54-62 Athol St, Douglas, Isle of Man, IM1 1JD || +44 1624 831320
- Jersey: Third Floor, No 1 Grenville Street, St Helier, Jersey, JE2 4UF || +44 1534 715 555
- Leeds: Yorkshire House, Clockwise, Greek Street, Leeds, LS1 5SH || 0113 512 6150
- Manchester: 24 Mount Street, Manchester, M2 3NX || 0161 861 4110
- Nuneaton: Eliot Park Innovation Centre, 4 Barling Way, Nuneaton, CV10 7RH || 024 7638 8911
- Scotland: Hobart House, 80 Hanover Street, Edinburgh, EH2 1EL || 0131 240 3900
- Southampton: Mountbatten House, 1 Grosvenor Square, Southampton, SO15 2JU || 023 8254 6460
- Tunbridge Wells: Pluto House, 6 Vale Avenue, Tunbridge Wells, TN1 1DJ || 01892 554 900
- Wales: 3 Ty Nant Court, Morganstown, Cardiff, CF15 8LW || 029 2010 4023
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