Brooks Macdonald Group, the wealth management and financial planning firm, reported total funds under management and advice up 14% to £21.7 billion for the year to 30 June, against £19.1 billion a year earlier.
Net inflows of £226 million marked an improvement of more than £600 million versus FY25, following three consecutive quarters of positive net flows.
Revenue rose 6% to £118.1 million, helped by higher average FUM and financial planning growth, partly offset by weaker transactional, currency and interest income. Underlying pre-tax profit came in at £29 million, with an underlying operating margin of 24.6%, and underlying diluted earnings per share rose 6% to 137.9p.
Statutory pre-tax profit was £3.2 million, reflecting strategic transformation, restructuring, acquisition and integration costs alongside amortisation of acquired client relationships.
The board recommended a final dividend of 52p per share, taking the full-year total to 83.0p, up 2.5% and the 21st consecutive year of dividend growth.
Platform Managed Portfolio Service FUM grew 35% to £8 billion, while Bespoke Portfolio Service FUM rose 9%, with clients holding portfolios above £1 million up 15%.
Brooks Financial, acquired as part of the group's expansion into financial planning, delivered like-for-like revenue growth of 10% and now contributes around 25% of group revenue, with 98% client retention.
"We enter FY27 with a stronger and more efficient business and the momentum required to capture the significant market opportunities ahead", said chief executive Andrea Montague.
The company expects FY26 revenue trends to continue into FY27 with moderate cost growth, and said organic investment will fall materially to high single-digit millions after a completed period of major spending.
The Board said it currently anticipates FY27 performance will be marginally ahead of current market expectations, targeting annualised net flows of over 5% and cost growth below 5%.
Brooks Macdonald will publish its first-quarter 2027 FUMA update on 14 October.
