Wealth Manager - Essential news for investment professionals

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
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 Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Play Tesco, Japan and the rise of the central banker

Tesco, Japan and the rise of the central banker

 Libby Ashby and leading wealth managers scrutinise the food retail sector, Japan’s consumption tax hike and political risk in the markets.

Your Business: Cover Star Club

Veteran banker boosts Sanlam’s stockbroking team

Veteran banker boosts Sanlam’s stockbroking team

A veteran private banker has been recruited by Sanlam Private Investments to strengthen its advisory stockbroking team.

Wealth Manager on Twitter