REG - Brooks Macdonald Grp - Second Quarter FUMA Update

Brooks MacdonaldAnnouncement

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RNS Number : 9536O  Brooks Macdonald Group PLC  15 January 2026

 

15 January 2026

 

BROOKS MACDONALD GROUP PLC

Second 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
ended 31 December 2025 (the "quarter" or "Q2").

 

Andrea Montague, CEO of Brooks Macdonald, commented:

"I am delighted to announce a return to positive net flows in the quarter,
highlighting the improving trend delivered in recent quarters, and strong
investment performance lifting FUMA to £20.1 billion.

We are committed to building on this positive momentum as we execute our
'Reignite Growth' strategy."

 

Q2 2026 flows and FUMA

·    Total FUMA increased by 3% to £20.1 billion (30 September 2025:
£19.6 billion; 30 June 2025: £19.1 billion).

-  Of this, total funds under management ("FUM") were £17.8 billion (30
September 2025: £17.2 billion) including Bespoke Portfolio Service ("BPS") of
£8.9 billion, up 2% in the quarter, and Managed Portfolio Service ("MPS") of
£7.8 billion, up 6% in the quarter.

-  Total assets under advice were £5.3 billion (30 September 2025: £5.3
billion), of which £2.3 billion are Advised only assets.

·    Net inflows of £50 million represent an improvement compared to the
prior period (Q2 2025 net outflows of £151 million) and the first quarter of
positive net flows since FY 2023.

-  Net BPS outflows of £54 million improved by over 75% vs Q2 2025,
principally driven by higher gross inflows into our Core BPS offering, as well
as net inflows across our Gilts proposition.

-  Platform MPS achieved another quarter of strong net inflows of £187
million, representing annualised growth rate of 12%. Net flows in Q2 benefited
from continued strong demand for our MPS offering, including Brooks Macdonald
Investment Solutions ("BMIS"), our business to business offering for financial
advisers.

·    Market and investment performance contributed £0.5 billion in the
quarter.

 

Notice of Half-year 2026 results

Half-year results for the six months ended 31 December 2025 will be published
on 24 February 2026.

 

Investor enquiries

Brooks Macdonald

Andrea Montague, CEO

Katherine Jones, CFO

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

Email: eva.hatfield@brooksmacdonald.com
(mailto:eva.hatfield@brooksmacdonald.com)

 

Media
enquiries

Misha
Bayliss
+44 (0) 20 74275465

Oscar
Burnett
+44 (0) 20 74275435

Email: brooksmacdonald@teneo.com (mailto:brooksmacdonald@teneo.com)

 

About Brooks Macdonald

Brooks Macdonald Group plc is a leading UK-focused wealth manager.

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
Group 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.

 

 

Net flows by service for the 3 months ended 31 December 2025 (£m)

                         Opening assets  Gross inflows  Gross outflows  Net flows  Market and investment performance  Closing assets  Annualised net flows growth(1)  FUM growth(2)

                         1 Oct 25                                                                                     31 Dec 25
 BPS                     8,716           345            (399)           (54)       227                                8,889           (2.5)%                          2.0%
 MPS Custody             911             9              (47)            (38)       32                                 905             (16.8)%                         (0.7)%
 MPS Platform(3)         6,463           575            (388)           187        258                                6,908           11.6%                           6.9%
 Total MPS               7,374           584            (435)           149        290                                7,813           8.1%                            6.0%
 Funds(4)                1,097           31             (76)            (45)       32                                 1,085           (16.3)%                         (1.2)%
 Total FUM(4,5)          17,187          960            (910)           50         549                                17,786          1.2%                            3.5%
 Advised only assets(6)  2,425                                                                                        2,320
 Total FUMA(4,7)         19,612                                                                                       20,106

 

Net flows by service for the quarters ended 31 December 2025 (Q2 26), 30
September 2025 (Q1 26) and 31 December 2024 (Q2 25) (£m)

                  Gross inflows        Gross outflows       Organic net flows
                  Q2 25  Q1 26  Q2 26  Q2 25  Q1 26  Q2 26  Q2 25   Q1 26   Q2 26
 BPS              166    145    345    (398)  (302)  (399)  (232)   (157)   (54)
 MPS Custody      12     7      9      (38)   (42)   (47)   (26)    (35)    (38)
 MPS Platform(3)  317    511    575    (171)  (336)  (388)  146     175     187
 Total MPS        329    518    584    (209)  (378)  (435)  120     140     149
 Funds(4)         83     30     31     (123)  (62)   (76)   (39)    (32)    (45)
 Total(5)         578    693    960    (729)  (742)  (910)  (151)   (49)    50

 

Notes:

1. The net flows growth is defined as annualised net flows as a percentage of
opening FUM, for the relevant period.

2. FUM growth is defined as the change in FUM over the period as a percentage
of opening FUM.

3. MPS Platform includes BMIS, the Group's business to business offering for
financial advisers.

4. On 8 December 2025, two TM Brunsdon funds, managed by Brooks Macdonald
Asset Management Limited ("BMAM") on behalf of Brunsdon Financial, were merged
with two IFSL Magnus funds, and BMAM ceased to act as their investment
manager.  As at 30 September 2025, the Brunsdon funds held a combined £132
million of assets. This amount has been removed from the Group's opening FUM
balance as of 1 October 2025, and earlier periods have been amended
accordingly to reflect the funds' liquidation. Prior to their liquidation, net
outflows across both funds in the quarter added to £0.1 million, which have
also been excluded from the reported Funds net flows. Over the past four
quarters, combined FUM across the two funds averaged £128 million, with
combined average quarterly net outflows of £0.1 million.

5. Total FUM includes £3.0 billion of assets (30 September 2025: £2.9
billion) that are both advised and managed by the Group and £1.6 billion of
Direct Wealth assets (30 September 2025: £1.4 billion).

6. Advised only assets are invested and managed by third parties and, as such,
are excluded from assets under advice which are also invested and managed in a
Brooks Macdonald proposition.

7. Total FUMA includes £5.3 billion of assets under advice (30 September
2025: £5.3 billion).

 

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.

 

 

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