Brooks Macdonald profits slump 4.6% as FUMA rise to £19.2bn

In the firm's full-year results today (4 September), it reported that underlying profit before tax had reduced by 4.6% to £28.9m.  During the six months to the end of June 2025, the firm managed to somewhat curtail negative flows, with net outflows for H2 down to £100m from £300m in H1. This took the full-year net outflows to around £400m total.  Total FUMA, however, increased by 17.3% to £19.2bn, up from £16.4bn at the end of June 2024. Of this total, funds under management (FUM) were £16.6bn and advised only assets hit £2.6bn. Higher financial planning income following acquisitio...