Brooks Macdonald

AIM-listed wealth manager Brooks Macdonald has seen assets under management soar to £4.6bn in the last three months, boosted by the recent acquisition of Spearpoint.

Brooks Macdonald Funds (BMF) has introduced a clean share class across its fund range.

Brooks Macdonald has acquired discretionary fund manager Spearpoint, manager of the Arch Cru funds, in a deal that could reach £32m.

Wealth manager Brooks Macdonald has announced a spate of acquisitions alongside a hike in profits which have jumped 17% to £8.5m year-on-year.

Discretionary fund manager Brooks Macdonald is to make its administration services available to adviser clients, following "significant demand".

Private client wealth manager Brooks Macdonald Asset Management has linked with online portal Money-info.

Brooks Macdonald Asset Management has linked with Money-info, the client facing service combining online personal financial management with banking and portfolio reporting.

Axa Wealth has linked with discretionary manager Brooks Macdonald Asset Management (BMAM) to offer advisers risk-profiled portfolios.

RISE OF THE INTELLIGENT ETF

Brooks Macdonald Group's funds under management passed £3bn in 2011, aided by the acquisition of the Clarke Willmott investment management team.