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.

Brooks Macdonald strikes MPS deal with Berkshire IFA

1 Comment
Brooks Macdonald strikes MPS deal with Berkshire IFA

Petrus Financial Services, an independent financial adviser firm based in Berkshire, has partnered Brooks Macdonald Asset Management for its investment portfolios.

Brooks Macdonald will offer Petrus’s clients two investment propositions: the bespoke portfolio service (BPS) and the managed portfolio service (MPS).

The BPS is intended for private clients seeking an investment portfolio personalised according to their own circumstances.

The MPS spans Brooks Macdonald’s range of five actively managed, risk rated and multi-asset portfolios.

Brooks Macdonald will run both services on a discretionary basis, while Petrus will retain responsibility for the suitability of the portfolio.

The BPS will be managed by Brooks Macdonald’s Hampshire office, which is led by John Wallace, while Jonathan Webster-Smith’s (pictured) team will oversee the MPS offering from London.

'We wanted to offer our clients the best of both worlds - a superior investment service combined with fully independent financial planning advice,' commented Petrus managing director Philip Dendy.

Andrew Shepherd, joint managing director of Brooks Macdonald Asset Management, added: 'Petrus have a thorough financial advisory process that feeds into our robust investment process and provides clients with a first rate wealth management solution.'

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 Liontrust ESG head says sustainable investment doesn't mean low return

Liontrust ESG head says sustainable investment doesn't mean low return

Peter Michaelis talks about ethical investment growth and where he sees future opportunites.

Play Are platforms the biggest barrier to wealth manager ETF take-up?

Are platforms the biggest barrier to wealth manager ETF take-up?

Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.

Play SVM's Veitch on what's next for banks

SVM's Veitch on what's next for banks

SVM fund manager Neil Veitch is finding value in what he describes as unstable financials and talks through his favourite small caps.

Read More
Your Business: Cover Star Club

Profile: UBS' robo boss on what his tween can teach the industry

Profile: UBS' robo boss on what his tween can teach the industry

Co-head of UBS SmartWealth Shane Williams explains the simple life lessons missed by the first wave of robo pioneers

Wealth Manager on Twitter