Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Brewin Dolphin shuts Chester and Truro offices

Brewin Dolphin shuts Chester and Truro offices

Brewin Dolphin has made further moves to consolidate its branch network, with the closures of its Chester and Truro offices.

Nicola Haughney-Carr, who had headed the Chester office, is understood to have left as part of the move, which sees Chester rolled into Brewin's large Manchester hub.

The truro office will meanwhile merge into Brewin's Plymouth office. Richard Platt, director of the North and Midlands, alongside Alex Barrel, director of the South West, will lead these developments. Darryn Richards and Jonathon Croggon Divisional Directors in Truro have transferred to the Plymouth office.

Stephen Ford (pictured), head of investment management, 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.'

In April, Brewin took the decision to close its branches in Lymington and Dorchester and open a consolidated office in Bournemouth later this year.

The Chester office closure also follows the decision to shut shop in Stoke in October of last year, with clients and some staff moved over to the national wealth manager's Manchester branch.

There has been a rationalisation of Brewin's regional network, with other divisions shut in Teeside, Inverness and Stoke.

On Tuesday Brewin announced to the stock market that it is going to ditch plans to implement the Figaro software package across its wealth management business at a cost of £32 million.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Kames' CIO: US bowed to international pressure

Kames' CIO: US bowed to international pressure

Stephen Jones, chief investment officer of Kames Capital, said the US domestic economy passed the test, but international concerns weighed heavy.

Play Sector Spotlight: Thomas Miller's Jordan Sriharan on bonds

Sector Spotlight: Thomas Miller's Jordan Sriharan on bonds

With the US interest rates on hold for now, we suss out how wealth managers are managing their fixed income exposure in this environment.

Brewin's Foster: debating 'Corbynomics'

Brewin's Foster: debating 'Corbynomics'

This week Brewin Dolphin's head of research discusses Jeremy Corbyn's policies and their economic impact 

Wealth Manager on Twitter