First Quarter FUMA Update

Brooks Macdonald Group PLC

14 October 2026

 

14 October 2026

BROOKS MACDONALD GROUP PLC

First Quarter FUMA Update

Fourth consecutive quarter of positive net inflows

Brooks Macdonald Group plc ("Brooks Macdonald" or the "Group") today announces flows and funds under management and advice ("FUMA") for the three months ("quarter" or "Q1") ended 30 September 2026.

Andrea Montague, CEO of Brooks Macdonald, commented:

"Four consecutive quarters of positive net inflows show that our Reignite Growth strategy is delivering. Stronger adviser relationships, disciplined execution, and continued growth in financial planning are accelerating our progress.

We have invested in our regional presence with new investment managers and financial planners. The modernisation of our MPS range makes it simpler for advisers and clients to work with us.

This is a positive start to the year, and we are focused on building on that momentum."

Q1 Flows and FUMA 

o  Q1 net inflows of £54 million represents our fourth consecutive quarter of positive net inflows, despite the seasonally slower summer, and a significant improvement vs prior year (Q1'26 net outflows: £49 million)

o  BPS net outflows of £53 million are approximately two thirds better than the prior year (Q1'26: £157 million), with improvements across both gross inflows and gross outflows, reflecting the benefits of our strengthened regional presence, our focus on high net worth clients and client service.

o  Platform MPS continues to generate strong net inflows of £172 million (Q1'26: £175 million).

o  Total FUMA increased to £21.8 billion (30 June 2026: £21.7 billion).

o  Of this, total funds under management ("FUM") were £19.5 billion (30 June 2026: £19.3 billion).

o  Of Brooks Financial's Assets under Advice of £5.7bn, 59% is both advised and managed at Q1, compared to 58% at FY26, demonstrating the benefits of our investment in our integrated financial planning business. Advised only assets were £2.4 billion (30 June 2026: £2.4 billion).

o  Market and investment performance contributed £0.2 billion of Q1 FUM growth.

Investor enquiries

Brooks Macdonald  

Andrea Montague, CEO

Lucy Tilley, CFO

Email: [e-mail]

Media enquiries                                   

Misha Bayliss                                                                          [phone]

Oscar Burnett                                                                         [phone]

Email: [e-mail]

About Brooks Macdonald

Brooks Macdonald is a leading UK investment management firm. Founded in 1991, the firm has grown to become one of the UK's foremost wealth managers, entrusted with over £20 billion in client assets. With 35 years of experience, Brooks Macdonald and Brooks Financial, its financial planning group, support financial advisers and individuals through a comprehensive range of innovative, specialist investment solutions, tailored financial advice and strong investment performance.

Net flows by service for the 3 months ended 30 September 2026 (£m):

	Opening Assets 1 Jul 26	Gross Inflows	Gross Outflows	Net flows	Market & Investment Performance	Closing Assets 30 Sep 26	FUM Growth	Annualised net flows growth
BPS	9,265	225	(278)	(53)	86	9,298	0.4%	(2.3)%
MPS Custody	898	6	(34)	(28)	3	873	(2.8)%	(12.5)%
MPS Platform	8,047	450	(278)	172	71	8,290	3.0%	8.5%
Total MPS	8,945	456	(312)	144	74	9,163	2.4%	6.4%
Funds	1,043	28	(65)	(37)	5	1,011	(3.1)%	(14.2)%
Total FUM	19,253	709	(655)	54	165	19,472	1.1%	1.1%
Advised Only Assets	2,416					2,350
Total FUMA	21,669					21,822

Net flows by service for the quarters ended 30 September 2025 (Q1 26), 31 December 2025 (Q2 26), 31 March 2026 (Q3 26), 30 June 2026 (Q4 26) and 30 September 2026 (Q1 27):

	Gross inflows					Gross outflows					Organic net flows
	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
BPS	145	345	200	251	225	(302)	(399)	(332)	(271)	(278)	(157)	(54)	(132)	(20)	(53)
MPS Custody	7	9	8	5	6	(42)	(47)	(43)	(49)	(34)	(35)	(38)	(35)	(44)	(28)
MPS Platforms	330	381	507	498	450	(155)	(194)	(226)	(226)	(278)	175	187	281	272	172
Total MPS	337	390	515	503	456	(197)	(241)	(269)	(275)	(312)	140	149	246	228	144
Funds	30	31	41	35	28	(62)	(76)	(97)	(76)	(65)	(32)	(45)	(56)	(41)	(37)
Total flows	512	766	756	789	709	(561)	(716)	(698)	(622)	(655)	(49)	50	58	167	54

Notes:

Totals are subject to rounding.

1. FUM growth is defined as the change in FUM over the period as a percentage of opening FUM.

2. Annualised net flows growth is defined as annualised net flows as a percentage of opening FUM, for the relevant period.

3. MPS Platform includes BMSP, the Group's business to business offering for financial advisers.

4. Total FUM includes £3.4 billion of assets (30 June 2026: £3.3 billion) that are both advised and managed by the Group and £1.8 billion of Direct Wealth assets (30 June 2026: £1.8 billion).

5. Advised only assets are invested and managed by third parties and, as such, are excluded from assets under advice which are also invested and managed in a Brooks Macdonald proposition.

6. Total FUMA includes £ 5.7 billion of AuA (30 June 2026: £5.7 billion).

7. As communicated in our 2026 full year results announcement we have adopted a revised approach to the calculation of gross inflows & outflows for our PMPS proposition to more accurately reflect the underlying movements. Gross inflows and outflows for comparative periods have been restated on a consistent basis. There has been no change to net flows.

Forward-looking statements

This announcement may include statements, beliefs or opinions that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "targets", "aims", "continues", "expects", "intends", "hopes", "may", "will", "would", "could" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. No representation or warranty is made that any of these statements or forecasts will come to pass or that any forecast results will be achieved. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements contained in the announcement speak only as of their respective dates, reflect Brooks Macdonald's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to Brooks Macdonald's business, results of operations, financial position, liquidity, prospects, growth and strategies. Except as required by any applicable law or regulation, Brooks Macdonald expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement or any other forward-looking statements it may make whether as a result of new information, future developments or otherwise.

 

END