Brooks Macdonald Group plc announces full-year results for the financial year ended 30 June 2025.
Andrea Montague, CEO of Brooks Macdonald, commented:
“This year we have focused on the execution of our strategy to Reignite Growth. We are now a UK-focused wealth manager. We have created a scalable financial planning business. We have launched a suite of Retirement Strategies that meet a growing client need and continue to deliver strong investment performance. We are building momentum and creating the conditions for success. I am confident in the outlook for the current financial year and beyond.”
Financial highlights1
- Total funds under management and advice (“FUMA”) increased by 17.3% to £19.2 billion (30 June 2024: £16.4 billion). Of this, funds under management (“FUM”) was £16.6 billion and advised only assets were £2.6 billion.
- Full-year net outflows of £0.4 billion, with a marked improvement in the second half of the financial year (H2 2025 net outflows £0.1 billion, H1 2025 net outflows £0.3 billion).
- Revenue increased 4.6% to £111.6 million, supported by higher financial planning income following the acquisitions, partly offset by lower interest income and lower fee income.
- Underlying costs, excluding acquisitions, remained flat compared with the prior year, reflecting strict cost discipline. Total underlying costs, including acquisitions and net finance income, increased by 8.2% to £82.7 million.
- Underlying profit before tax (“PBT”) reduced by 4.6% to £28.9 million, representing a margin of 25.9%.
- Statutory PBT reduced to £17.5 million (2024: profit of £24.6 million) largely due to higher acquisition and integration costs, and profit after tax from discontinued operations was £9.4 million (2024: loss of £13.9 million). Total comprehensive income for the year was £21.0 million (2024: £6.5 million).
- Proposed final dividend of 51.0 pence per share, resulting in a full-year dividend of 81.0 pence per share, an increase of 3.8% vs prior year and the 20th consecutive year of dividend growth.
- Completed £8.1 million share buyback, acquiring and cancelling 538,000 shares to date.
Strategic highlights
- Our strategy to ‘Reignite Growth’ is delivering.
- Sold Brooks Macdonald International (“BMI”) and re-shaped the Group to be a UK-focused wealth manager.
- Completed three financial planning acquisitions and successfully launched Brooks Financial.
- New experienced leadership, executing at pace.
- Significant increase in client engagement over the year, and improved brand awareness.
- Strong investment performance, with all five risk profiles across our BPS offering exceeding their respective ARC peer group comparator over one-, three-, five- and 10-year horizons.
- Expanded product offering with the launch of Global MPS and new suite of Retirement Strategies, including a solution available on third-party platforms.
- Moved from AIM to the Main market of the London Stock Exchange (“LSE”).
- Defaqto Gold award for Discretionary Fund Management Service for fourth consecutive year.
Key financials
| £ millions unless stated otherwise | 2025 | 20241 | Change |
| Revenue | 111.6 | 106.7 | 4.6% |
| Underlying operating expenses2 3 | 82.7 | 76.4 | 8.2% |
| Underlying operating PBT3 | 28.9 | 30.3 | (4.6)% |
| Underlying operating profit margin3 | 25.9% | 28.4% | 2.5ppts |
| Statutory PBT | 17.5 | 24.6 | (28.9)% |
| Underlying diluted earnings per share3 | 130.4p | 150.9p | (13.6)% |
| Statutory diluted earnings per share | 71.4p | 124.5p | (42.7)% |
| Dividend per share | 81.0p | 78.0p | 3.8% |
Outlook
We remain focused on delivering our Reignite Growth strategy. This includes continued organic investment to expand our technology and AI enablement, enhancing client service and our efficiency, as well as evaluating M&A opportunities, that align with our strategy.
Regular client engagement remains the key priority. We will be evolving our product offering, to ensure we can continue to meet the needs of our clients, throughout their financial lifecycle.
We are creating the conditions for success and see exciting growth opportunities in front of us in the year ahead.
2025 full-year results presentation
A presentation to investors and financial analysts, including a recorded webcast will be published on our website shortly, and can be found on: https://www.brooksmacdonald.com/investor-relations/results-centre
A Q&A session with Andrea Montague, CEO, and Katherine Jones, CFO, will be held at 9.00am BST on 4 September 2025, via a live webcast, or by dialling in using the conference call details below. Registration for the webcast is required and can be accessed via a link: https://brrmedia.news/BrooksMacdonaldFYResults2025
