Brewin Dolphin

Brewin Dolphin plc is one of the largest British investment management and financial planning firms with 33 offices throughout the UK, Jersey and Ireland. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. A wholly owned subsidiary, Brewin Dolphin Limited, is based in Dublin.

Brewin Dolphin plc
TypePublic
LSE: BRW
IndustryInvestment management
Founded1762 (1762)
HeadquartersLondon, UK
Key people
Simon Miller, (Chairman) Robin Beer (CEO)
Revenue£359.2 million (2020)[1]
£63.8 million (2020)[1]
£48.0 million (2020)[1]

Brewin Dolphin offers personalised wealth management services to individuals, charities and corporates. Its services range from bespoke, discretionary investment management to retirement planning and saving for the long-term.

Its focus on discretionary investment management has led to significant growth in client funds and the firm now manages £41.2 billion on a discretionary basis. Its intermediary business manages £14.5 billion of assets for over 1,700 advice firms either on a discretionary basis or via its Managed Portfolio Service

In total, the company has £47.6 billion of investments under management as of September 2020.[2]

History

The business can trace its origins back to the establishment of the stockbroking firm of John Dawes, a founder of the London Stock Exchange, in 1762.[3] His firm evolved through many partner changes to become Wontner, Dolphin & Francis in 1970.[3] In 1974 Brewin & Co merged with Wontner, Dolphin & Francis to form Brewin Dolphin. The business was incorporated in 1987 and acquired by Scandinavian Bank the same year. It was then the subject of a management buy-out from Scandinavian Bank in 1992 and was first listed on the London Stock Exchange in 1994.[4]

It acquired Bell Lawrie, a Scottish firm of investment managers, in 1993.[5] It went on to buy Wise Speke, an investment manager operating in the North of England, in 1998[6] and Hill Osborne, another rival, in 2000.[7] The company acquired Popes, a firm based in Stoke-on-Trent, in 2002.[8] In December 2016, Brewin Dolphin acquired Duncan Lawrie Asset Management. It also strengthened its position by acquiring advice firms Aylwin (2018) and Epoch (2019). In October 2019, it acquired Investec Wealth Management in Ireland, making Brewin Dolphin the third largest wealth manager in the Republic of Ireland.

References
  1. "Annual Report 2019" (PDF). Brewin Dolphin. Retrieved 29 February 2020.
  2. "Brewin Dolphin announce covid-19 busting figures". www.internationalinvestment.net. 2020-07-23. Retrieved 2020-08-21.
  3. Archer, Angela page 36
  4. "Brewin Dolphin to seek listing on stock market". The Independent. 12 April 1994. Retrieved 16 April 2017.
  5. "Bell Lawrie to rebrand as Brewin Dolphin". Money Marketing. 17 November 2008. Retrieved 16 April 2017.
  6. "Wise Speke to take on Brewin Dolphin name". Citywire. 10 December 2007. Retrieved 16 April 2017.
  7. "Leicester's Brewin Dolphin loses 19 staff to rival". Leicester Mercury. 30 April 2013. Retrieved 16 April 2017.
  8. "Brewin Dolphin Securities acquires Popes". Birmingham Post. 8 May 2002. Retrieved 16 April 2017.

Further reading
  • Archer, Angela The Making of Brewin Dolphin, Newport News, 2000 ISBN 0-9514601-2-9
  • Hamilton, Kirstie Celebrating 250 Years,Wardour, 2012
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