People Moves

Brewin Dolphin Adds Team Of Three For Irish Subsidiary

Max Skjönsberg, London, 9 August 2012

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Brewin
Dolphin
, the UK-based wealth management and investment management company, has
expanded its Tilman Brewin Dolphin brand with three hires in Dublin.

The
firm’s Irish affiliate will be joined by investment managers Richard Flood and Daniel
McCauley as well as retirement asset manager Suzanne Cashin. They have over 40
years’ experience in financial services, Brewin said.

The
London-based investment firm announced the purchase of Tilman, an Irish private client
fund management company, in May last year. The firm paid an
initial consideration of €20.81 million (around $25.8 million), with up to an
additional €15 million payable in December 2014 based on the performance of
Tilman to September 2014. The entire consideration is payable in Brewin Dolphin
shares, subject to certain lock-in arrangements, Brewin Dolphin said in a
statement.

Ray Tilson, chief executive of Tilman Brewin Dolphin,
said in a statement that the firm had been in discussions with Flood, McCauley
and Cashin prior to the deal with Brewin being completed last year.

The
Brewin Dolphin Group provides investment management and financial
planning services for private investors, charities and pension funds.

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