Fourth Quarter FUMA Update

10 July 2025

BROOKS MACDONALD GROUP PLC

Fourth Quarter FUMA Update

Brooks Macdonald Group plc ("Brooks Macdonald" or the "Group") today announces flows and funds under management and advice ("FUMA") for the three months ("quarter" or "Q4") and the year ended 30 June 2025.

Andrea Montague, CEO of Brooks Macdonald, commented:

"Today, we reported our best quarterly net flow performance in two years and a significant sequential quarterly improvement.

Our focus remains firmly on executing, at pace, against our strategy. In June, we launched a new suite of Retirement Strategies that deliver greater income security and growth for clients in their retirement. This builds on the recent launch of our Global MPS proposition.

We continue to deliver high quality service to our clients alongside strong long-term investment performance, which provides a solid foundation for future growth." 

Q4 and FY 2025 flows and FUMA 

· Total FUMA increased to £19.2 billion (31 March 2025: £18.6 billion, 31 December 2024: £17.4 billion, 30 June 2024: £16.4 billion).

-  Of this, total funds under management ("FUM") were £16.6 billion (31 March 2025: £16.0 billion).

-  Advised only assets were £2.6 billion (31 March 2025: £2.5 billion).

· Q4 net outflows of £5 million represent a significant improvement versus Q3 net outflows of £129 million and the best quarterly performance in two years.

-  Net outflows across our Bespoke Portfolio Service ("BPS") of £104 million were 51% lower compared to the previous quarter (Q3 2025: net outflows £211 million), driven by lower Core BPS outflows, and higher Gilts inflows.

-  Our Platform Managed Portfolio Service ("MPS") saw strong net inflows of £165 million, bringing annualised growth for the full year to 14%.

· The Group delivered a marked improvement in net flows in the second half of the financial year (H2 2025 net outflows £0.1 billion, H1 2025 net outflows £0.3 billion), supported by the actions taken earlier in the year to reignite growth, including increased and more systematic client engagement and the recent acquisitions.

· Market and investment performance contributed £0.6 billion in the quarter and £0.7 billion for the full year.

Outlook and notice of full-year 2025 results

· The Board anticipates the full year performance to be in line with market expectations.

· Results for the year ended 30 June 2025 will be announced on 4 September 2025.

Investor enquiries

Brooks Macdonald  

Andrea Montague, CEO

Katherine Jones, CFO

Eva Hatfield, Director of Investor Relations +44 (0) 7418 923 061

Email: [email protected]

Media enquiries

Misha Bayliss +44 (0) 20 74275465

Oscar Burnett +44 (0) 20 74275435

Email: [email protected]

About Brooks Macdonald

Brooks Macdonald Group plc is a leading provider of wealth management services in the UK.

Proudly serving IFAs and clients since 1991, Brooks Macdonald is independent, financially strong, and aims to deliver strong and consistent investment performance for clients to meet their financial objectives. Brooks Macdonald provides innovative investment solutions to support IFAs and their clients throughout their entire lives as needs and circumstances change. The company is recognised as an innovator in the industry having been one of the first to develop and launch key products such as Managed Portfolio Service.

Realising Ambitions. Securing Futures. We are Brooks Macdonald.

Note:

Numbers are subject to rounding.

Net flows by service for the 3 months ended 30 June 2025 [1] (£m)

Net flows by service for the year ended 30 June 2025 [1] (£m)

Net flows by service for the four quarters ended 30 June 2025 [1] (£m)

Notes:

[1] All FUM numbers exclude Brooks Macdonald International ("BMI") and the Defensive Capital Fund ("DCF"). The sale of BMI to Canaccord Wealth Genuity completed in February 2025 at which point attributable FUM totalled £2,272 million. The transfer of the investment management of DCF to RM Capital Markets Limited completed in November 2024 at which point attributable FUM totalled £133.5 million.

[2] The net flows growth is defined as annualised/annual net flows as a percentage of opening FUM, for the relevant period.

[3] FUM growth is defined as the change in FUM over the period as a percentage of opening FUM.

[4] MPS Platform includes Brooks Macdonald Investment Solutions, the Group's business to business offering for financial advisers, and the three recently acquired businesses.

[5] Total FUM includes £2.6 billion of assets (31 March 2025: £2.6 billion) that are both advised and managed by the Group.

[6] Advised only assets excludes assets under advice which are also invested and managed in a BM proposition.

Forward-looking statements

This announcement may include statements, beliefs or opinions that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "targets", "aims", "continues", "expects", "intends", "hopes", "may", "will", "would", "could" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. No representation or warranty is made that any of these statements or forecasts will come to pass or that any forecast results will be achieved. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements contained in the announcement speak only as of their respective dates, reflect Brooks Macdonald's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to Brooks Macdonald's business, results of operations, financial position, liquidity, prospects, growth and strategies.

Except as required by any applicable law or regulation, Brooks Macdonald expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement or any other forward-looking statements it may make whether as a result of new information, future developments or otherwise.