RBC set to take over Brewin Dolphin for £1.6bn in 'transformative' acquisition

Share price jumped

clock • 2 min read
Brewin Dolphin's Robin Beer
Image:

Brewin Dolphin's Robin Beer

Royal Bank of Canada's wealth management arm is looking to acquire Brewin Dolphin with a cash offer with an equity value of about £1.6bn.

Brewin Dolphin - the UK and Ireland wealth manager with assets under management of £59bn - has an "impressive" track record of growth and innovation, according to RBC, which said the UK is a key growth...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Companies

Pippa Clarke, tax partner; Andrew Sandiford, managing partner and Ian Smith, chair

Bishop Fleming names chair to oversee 'ambitious' growth plans

Audit, tax, and advisory firm

Jenna Brown
clock 26 May 2022 • 1 min read
Figures published in April1 showed the continued popularity of sustainable funds, with £1.8 billion pouring in, according to M&G

Third of UK investors turn to advisers for ESG support - M&G

'Lack of knowledge'

clock 25 May 2022 • 2 min read
Financial advisers should work to develop new methods of reaching younger people through social media channels such as Instagram, TikTok, YouTube and Twitter, research has shown.

How advisers can attract younger investors - PIMFA's Under 40 Leadership Committee

'Deliver regulated advice via technology'

clock 20 May 2022 • 3 min read