Strategy
Brewin Dolphin Closes Two More Offices

UK-listed wealth management group Brewin Dolphin has closed down its offices in Chester and Truro as it continues to consolidate its branch network.
UK-listed wealth management group Brewin Dolphin has
closed down its offices in Chester and Truro as it continues to
consolidate its branch network.
The Chester and Truro branches will now merge into the Manchester
and Plymouth offices, Brewin Dolphin said in a statement.
These developments will be led by Richard Platt, director of the
North Midlands region and Alex Barrel, director of the South West
region.
Darryn Richards and Jonathon Croggon, divisional directors in
Truro, have transferred to the Plymouth office, Brewin said.
“We are continually reviewing how we conduct business to ensure
that our clients receive the best possible service. I am
confident that all our clients will be very well served from our
Manchester and Plymouth offices and we will continue to grow our
important and highly valued business in the regions," said
Stephen Ford, director of Brewin Dolphin and head of investment
management.
The move comes after Brewin Dolphin announced in April that it
was closing its Lymington and Dorchester branches and opening a
consolidated office in Bournemouth.
Earlier this week, Brewin Dolphin said that it expects to book an
exceptional pre-tax impairment cost of around £32 million ($53.9
million) in the second half of this year because of a decision
not to roll out a form of software for its discretionary wealth
business, after hitting snags in its execution-only arm. For more
on this story, click here.