29 April 2019
Brewin Dolphin, as part of its growth strategy, is today announcing the acquisition of the assets of Epoch Wealth Management; an IFA firm based in Bath. After the deal completes, managing partner, Barry Newbury and his 37 colleagues from the financial planning firm will transfer to Brewin Dolphin along with their clients.
The Queen Square Place office will become Brewin Dolphin’s office in Bath increasing its UK footprint to 31 offices.
Nick Fitzgerald, managing director of financial planning at Brewin Dolphin said: “What we’re seeing across the country is pent up demand for good financial advice, especially in these uncertain times. Barry and his team have built Epoch Wealth Management into a successful business trusted by their clients. We’re so pleased that their advice-led team are joining us to continue their growth journey, and as one of the UK’s largest wealth managers we’re able to provide them with the resources they need to provide their excellent advice to more clients and to grow.”
Barry Newbury, head of office designate for Brewin Dolphin (Bath) said: “We’ve grown Epoch to this point by cultivating great people who have built strong relationships with clients and those who refer their clients to us. Becoming part of an integrated wealth management firm like Brewin Dolphin will give our clients even more support; whether it’s insight from their central research function, head office support or financial support to grow the business. Meanwhile, we plan to go from strength to strength with ambitious growth plans with the same team that has served our clients so well for many years, but now under the Brewin Dolphin name.”
The acquisition is expected to complete, subject to standard conditions being met, in the summer of 2019.
PRESS INFORMATION
For further information, please contact:
Richard Janes richard.janes@brewin.co.uk / Tel. +44 (0) 20 3201 3343
Camarco: brewin@camarco.co.uk / Tel: +44 (0)20 3757 4980
NOTES TO EDITORS
About Brewin Dolphin
Brewin Dolphin is a UK FTSE 250 provider of discretionary wealth management. With £39.5* billion in total funds, it offers award-winning personalised wealth management services that meet the varied needs of our clients including individuals, charities and corporates.
We give clients security and wellbeing by helping them to protect and grow their wealth, in order to enrich their lives by achieving their goals and aspirations. Our services range from bespoke, discretionary investment management to retirement planning and tax-efficient investing. Our focus on discretionary investment management has led to significant growth in client funds and we now manage £34.9* billion on a discretionary basis.
Our intermediary business manages over £11* billion of assets for over 1,000 advice firms either on a discretionary basis or via our Managed Portfolio Service.
In line with the premium we place on personal relationships, we’ve built a network of 30 offices across the UK, Jersey and Dublin, staffed by qualified investment managers and financial planners. We are committed to the most exacting standards of client service, with long-term thinking and absolute focus on our clients’ needs at the core.
*as at 31st December 2018
Disclaimers:
• We or a connected person may have positions in or options on the securities mentioned herein or may buy, sell or offer to make a purchase or sale of such securities from time to time. In addition we reserve the right to act as principal or agent with regard to the sale or purchase of any security mentioned in this document. For further information, please refer to our conflicts policy which is available on request or can be accessed via our website at www.brewin.co.uk.
• This information is for illustrative purposes only and is not intended as investment advice.
• No investment is suitable in all cases and if you have any doubts as to an investment’s suitability then you should contact us.
• Brewin Dolphin is authorised and regulated by the FCA