Heartwood boosts revenues, client assets and losses during a challenging 2015 27/05/2016 Mergers and acquisitions (M&A) have a reputation for destroying, rather than creating value, especially in the wealth management sector. Few of the economies and synergies identified to justify a merger ever materialise. But plenty of disruption, in the form of clients and staff quitting the merged entity, often does.
Brewin Dolphin's first half profits dip but funds increase 19/05/2016 Brewin Dolphin has reported a pre-tax profit for the six months ended 31 March 2016 of £21.5 million, a year on year decrease of 42.2 percent. However, the firm points out the first six motnhs of the previous year included “a one-off gain” of £9.7 million