London-listed wealth manager Brewin Dolphin has moved to larger premises in Cardiff following significant growth in its business in the city over recent years.
The firm’s Cardiff office now has a headcount of 27, having grown from a team of six when it first became part of Brewin Dolphin following the acquisition of Bell Lawrie in 1993.
“Callaghan Square [the location of the new office] has recently been designated as the new financial services enterprise zone for Cardiff - this is particularly exciting and we look forward to many more enterprising businesses locating near us in the future,” said David Myrddin-Evans, head of Brewin Dolphin in Cardiff.
Brewin Dolphin logged a total of £1.9 billion (nearly $3 billion) of client inflows over the year to end-September 2011, while its total managed funds rose 3.4 per cent to £24 billion.
Meanwhile, Brewin Dolphin said it is progressing in its sale of the group corporate advisory and broking division, as announced in May, saying it expected to complete the sale at the end of this year.