Brooks Macdonald have produced another strong result for the year ending 30 June, despite the impact of the pandemic and the cost of integrating two major acquisitions.

The wealth manager grew its funds under management, statutory and underlying profits, revenue, earnings per share, and cash reserves during the year. The blip on its performance was that it experienced net organic outflows.

Chief executive Caroline Connellan said the firm was now nearing the full execution of a strategy she announced in 2017, which involved pursuing intermediary business, beefing up the investment management teams, as well as pursuing a ...