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.

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 Carl Harald Janson: why biotech is on a 20-year bull run

Carl Harald Janson: why biotech is on a 20-year bull run

The manager of the International Biotechnology Trust explains why his confident about the sector's long term prospects.

Brewin's Gutteridge: the opportunities in UK challenger banks

Brewin's Gutteridge: the opportunities in UK challenger banks

In this week's podcast, Brewin Dolphin's Ben Gutteridge and Guy Foster, discuss opportunities in the global financials sector with Aptus' Johnny De La Hey.

Play How BlackRock Income Strategies is positioning for a crash

How BlackRock Income Strategies is positioning for a crash

Adam Ryan keeps his powder dry as he positions the BlackRock Income Strategies investment trust for a market correction. 

Your Business: Cover Star Club

Profile: how Close Brothers gave power back to the regions

Profile: how Close Brothers gave power back to the regions

Almost a year into the role, Close Brothers Asset Management head of wealth management Andy Cumming has highlighted three keys areas of focus

Wealth Manager on Twitter