Brooks Macdonald profits climb 78%

The integrated wealth management and advisory firm saw pre-tax profits climb 78% to £5.7m in the year to 30 June, compared to the previous 12 months. Meanwhile, the AIM-listed company's turnover increased from £21.8m to £35.1m and a dividend of 9p per share has been proposed, including the interim dividend of 3p. CEO Chris Macdonald highlights the importance of advisers to its business growth over the last year. "We continue to work closely with high quality IFAs and professional introducers alike, he says. "This continues to account for a major part of the group's growth and in...