Updated

Updated · ShareCast · Jul 9

Brooks Macdonald Lifts FUMA to £21.7 Billion as FY26 Net Inflows Hit £226 Million

Updated

Updated · ShareCast · Jul 9

Brooks Macdonald Lifts FUMA to £21.7 Billion as FY26 Net Inflows Hit £226 Million

Q: Beyond a rising market, what specific strategy fueled this firm's massive £600 million financial turnaround in just one year?

It was driven mainly by Brooks Macdonald’s **Reignite Growth strategy**, not just by stronger markets. The clearest engine was the firm’s **Platform Managed Portfolio Service (PMPS)**, which produced **£915 million of net inflows in FY26**, including **£272 million in the fourth quarter**. That business benefited from disciplined distribution, stronger adviser relationships and demand for scalable managed portfolio products, including newer retirement and global MPS offerings. At the same time, Brooks Macdonald improved the parts of the business that had been dragging on flows. Its **Bespoke Portfolio Service** was still negative for the full year, but outflows narrowed sharply to **£20 million in Q4**, showing better client retention and improving traction with higher-value clients. Montague also pointed to **financial planning growth** as part of the turnaround, with Brooks Financial increasing assets under advice and deepening the share of clients using both advice and managed services. So the £600 million swing—from **£396 million of net outflows in FY25 to £226 million of net inflows in FY26**—came from **disciplined execution of the growth plan: pushing PMPS, rebuilding adviser distribution, improving client engagement and retention, and expanding financial planning**, with market gains adding support rather than doing the whole job.

3 articles · Updated · ShareCast · Jul 9

£21.7 billion in funds under management and advice at June 30 marked a rise from £19.1 billion a year earlier for Brooks Macdonald.
£226 million of FY26 net inflows drove that growth, reversing £396 million of net outflows in FY25 and delivering a more than £600 million turnaround.
£167 million of fourth-quarter net inflows made it the firm's strongest quarter in three years, while Platform MPS added £272 million and grew assets 35% to £8.0 billion.
Brooks Macdonald said full-year financial performance should be in line with market expectations, and its shares were up 3% at 1,364.69p in morning trade.