Andrew Shepherd
Brooks Macdonald has put its international business under a “strategic review” due to it being behind plan.
Additionally, the firm recognised an £11.6 million one-off, non-cash impairment charge on the goodwill associated with the international business acquired in 2012.
As a result, the wealth manager reported a statutory pre-tax loss of £0.8 million in the six months to 31 December 2023.
This comp...
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