Financial Results
Quarterly Income Rises At Brewin Dolphin
The rising tide of markets and improved inflows boosted AuM and the income of the wealth management house.
UK-listed Brewin Dolphin last week reported that total income stood at £103.8 million ($142.8 billion) in the three months to 30 June, up from £92.7 million a year before, helped by fund inflows and higher market performance.
The firm said it logged record gross discretionary fund inflows of £1.3 billion, up from £1.0 billion in the previous quarter.
Total funds increased by 6.5 per cent to £56.0 billion in the quarter. Funds managed on a discretionary quarter stood at £48.7 billion.
