Key facts
- Brooks Macdonald reported £2 million in net inflows for the six months ending December 31, 2025.
- Total funds under management and advice grew 5% to £20.1 billion.
- Revenue increased 12% to £58.2 million.
- Statutory profit before tax decreased to £6.2 million.
- An interim dividend of 31 pence per share was recommended.
Brooks Macdonald has reported positive net flows for the first half of its 2026 financial year, marking the first such period since the second half of 2023. The company recorded net inflows of £2 million for the six months ending December 31, 2025, a significant turnaround from the £262 million in net outflows seen in the same period of 2025.
Total funds under management and advice increased by 5% to £20.1 billion, comprising £17.8 billion in funds under management and £2.3 billion in advised-only assets. Revenue saw a 12% rise to £58.2 million, primarily driven by higher financial planning and fee income, though this was partially offset by reduced interest and transactional income.
The company's statutory profit before tax fell to £6.2 million, down from £12.6 million in the first half of 2025. This decrease is attributed to increased organic investment, merger and acquisition (M&A) activity, and integration costs. The board has proposed an interim dividend of 31 pence per share, representing a 3% increase.
Strategic highlights mentioned by Brooks Macdonald include investments in digital capabilities, artificial intelligence (AI), and product innovation, which are credited with driving scale, efficiency, and supporting the return to positive net flows. Specific initiatives include the launch of a mobile app, digitizing client onboarding, and deploying AI to reduce administrative burdens.
Looking ahead, Brooks Macdonald stated it is exploring further M&A opportunities within the financial planning sector. Chief Executive Andrea Montague expressed confidence in the business momentum, citing positive net flows, improved revenues, and the establishment of Brooks Financial as a scalable capability. The company anticipates current H1 revenue trends to continue into the second half of the year, with costs remaining broadly in line before the Financial Services Compensation Scheme (FSCS) levy.