Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Brewins merges Bradford and Leeds offices in branch 'tidy up'

Brewins merges Bradford and Leeds offices in branch 'tidy up'

Brewin Dolphin’s Bradford office will be rolled into its operation in Leeds.

Jamie Matheson, the private client investment manager’s chair, confirmed the change to Wealth Manager and said there had been a bit of ‘tidying up’ in its 42-strong branch network.

As well as the Bradford office moving to join its colleagues in Leeds, Brewins’ Elgin office in Moray, Scotland, has relocated to Inverness, while its Dumfries hub has moved to Penrith.

But Matheson said Brewins’ clients and investors should not expect significant changes to its nationwide operation. ‘We have done a bit of tidying up with the network during the year.  We are not looking [to introduce] material changes beyond that. You might see a degree [of change] but not a significant quantum,’ he explained.

Speaking after Brewins’ preliminary results, in which the firm posted a 36.5% rise in pre-tax profits to £29.9 million, Matheson (pictured) said financial planning would remain in focus so that over the longer term all of Brewins’ offices could provide these services to investors.

‘We want to broaden the service offering to clients, but that’s going to take time to get people right for us and our clients. We cannot do that overnight,’ he said, adding the shift could take around two years to complete. 

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 Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter