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.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink