10 December 2007
10 December 2007
Wise Speke, the North’s largest investment management firm, has announced it will adopt the name of its parent company, Brewin Dolphin, from early 2008.
Widely known and well respected within the regional marketplace for over 100 years, Wise Speke is also one of the North East and Cumbria’s largest employers with a workforce of more than 300 staff. The investment management operation, which has offices in Newcastle, Teesside and Keswick, is now gearing itself up for a hugely important year. 2008 represents Wise Speke’s tenth anniversary as part of the Brewin Dolphin Group and in the Spring the entire Newcastle operation will also be relocating to the newly built Time Central building on Gallowgate.
Brewin Dolphin is the largest independent private client investment manager in the UK with over £21 billion funds under management and 39 offices nationwide. It is also one of the country’s most respected investment bankers to small and mid-cap companies. Wise Speke’s name change will be used to build on its existing skills base, heritage and values by further harnessing the profile, kudos and expertise afforded by being part of the wider Brewin Dolphin network.
Charles May, recently appointed head of Wise Speke in Newcastle, said: “Back in 1998, when we first joined the Brewin Dolphin group, we celebrated becoming part of a business that was totally focused on investment management and generating wealth for our private clients, charities and pension funds. Over the years, the relationship has been extremely beneficial as the business has grown at every level, not just in this region but nationally.
“Initially we chose to retain the Wise Speke name, but now we have decided to move even further forward and adopt the Brewin Dolphin name, harnessing the additional strengths this brings. We believe that over 100 years of high quality service and sound working practice will not only be enhanced by Brewin Dolphin’s progressive reputation, but also provide us with an ideal platform to expand our business in the region yet further.”
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Media contact: Damian Kerr, Brewin Dolphin, 0845 213 3026, 07720 783242,
Notes to editors
Brewin Dolphin Limited (“BD”) is the principal operating company of Brewin Dolphin Holdings PLC which is listed on the London Stock Exchange. BD is authorised and regulated by the Financial Services Authority and is a member of the London Stock Exchange.
BD is the largest independent private client investment manager in the UK. The Group manages £21.6 billion of funds for over 120,000 clients, and of this £10.7 billion is on a discretionary basis. BD has 39 offices and is corporate adviser to 131 corporate and 100 institutional clients. Brewin Dolphin Investment Banking was voted AIM Broker of the Year 2007. 1
The Group provides complete investment management for private investors, charities and pension funds and trades as:
Brewin Dolphin in England, Wales and the Channel Islands
Bell Lawrie in Scotland and Northern Ireland
Hill Osborne in the East Midlands
Wise Speke in the North of England
Stocktrade is the BD Execution-Only division. www.stocktrade.co.uk
Please see Media Centre section on www.brewin.co.uk for details and photos of all commentators and analysts throughout the BD Group.
1 Brewin Dolphin Investment Banking was voted Broker of the Year 2007 at the Investors
Chronicle AIM Investment Awards, in association with the FT