Brooks Macdonald Reports Strong Inflows and Plans Market Transition

An announcement from Brooks Macdonald ( (GB:BRK) ) is now available.

Brooks Macdonald Group plc reports its strongest quarter of gross inflows in 18 months, attributed to the quality of service and a wide range of client-focused products, despite elevated outflows. The company is actively enhancing its financial planning expertise through recent acquisitions and focusing on asset retention and new business growth. Furthermore, the Group plans to transition from AIM to the London Stock Exchange’s Main Market, which is expected to enhance its corporate profile and attract a wider investor base, with the move anticipated between 4 March and 31 March 2025.

More about Brooks Macdonald

Brooks Macdonald Group plc is a prominent UK-based provider of wealth management services, known for its independent and financially robust operations since 1991. The company specializes in delivering strong and consistent investment performance, offering a diverse range of tailored products such as Managed Portfolio Service and bespoke income solutions to meet clients’ financial objectives and adapt to changing needs.

YTD Price Performance: -7.76%

Average Trading Volume: 12,838

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £257.6M

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